Visa 3Q Earnings Pregame Scorecard

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Visa (NYSE:V) has beaten analyst's estimates in each of the last five quarters and will try to do so again on Wednesday, July 25, 2012.

Expectations

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Analysts currently expect Visa to come in with earnings of $1.45 per share on revenues of $2.52 billion. Analysts gave estimates ranging from earnings per share to earnings per share. The average estimate has shown no movement over the last three months.

Stock Movement

The stock fell $8.03 per share between May 29, 2012 and June 1, 2012.

Company Fundamental Trends The company enters this earnings announcement with substantial revenue momentum. The company has averaged year-over-year revenue growth of 13.9% over the last four quarters. The impending earnings announcement offers the opportunity expand on positive earnings momentum gained over last three quarters. Net income rose 13.7% in the fourth quarter of the last fiscal year and 16.4% in the first quarter before increasing again in the second quarter.

Stock Ratings

Analysts are bullish on the stock as 23 analysts rate it as a buy and only one analyst rate it as a sell. Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.

Last Quarter's Results

In the second quarter, profit rose 46.7% to $1.29 billion ($1.34 a share) from $881 million ($1.23 a share) the year earlier, exceeding analyst expectations. Revenue rose 14.8% to $2.58 billion from $2.25 billion.

Summary

Reporting Period: 3Q

Date of Release: Wednesday, July 25, 2012

EPS: $1.45

Revenue Estimate: $2.52 billion

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)