Visa Q1 Earnings Surge: $2.66 EPS and $9.34B Revenue Projected

SAN FRANCISCO, Calif. — Visa Inc. (V) is set to release its first-quarter earnings after the market closes on Thursday, with analysts projecting a significant year-over-year increase in both earnings and revenue. The San Francisco-based financial services giant is expected to report earnings of $2.66 per share, up from $2.41 per share in the same quarter last year.

Revenue for the quarter is forecasted at $9.34 billion, a notable rise from $8.63 billion reported a year earlier. Visa has consistently outperformed revenue expectations, beating estimates in nine of the last 10 quarters.

Visa’s stock closed at $335.88 on Wednesday, marking a 0.4% increase. The company’s strong performance has drawn attention from analysts and investors alike, with many closely monitoring its financial health and market position.

Benzinga, a leading financial news platform, provides detailed analyst ratings and insights on Visa, allowing readers to sort data by stock ticker, company name, analyst firm, and other variables. This resource is invaluable for investors looking to make informed decisions based on the latest market trends and expert opinions.

As Visa continues to navigate the evolving financial landscape, its ability to consistently deliver strong earnings and revenue growth underscores its resilience and strategic acumen. Investors and analysts will be keenly watching the upcoming earnings report for further indications of the company’s trajectory.