Visa (V) will report Q2 earnings after the market closes (16:05 PM last quarter). There is a conference call scheduled for 5 PM ET.
Current Capital IQ consensus calls for Q2 EPS of $1.24 (versus $1.11 last year) on revs of $5.46 bln (+8% Y/Y).
Last quarter, V beat on both EPS and revs and reaffirmed FY 19 guidance.
V has been trading in an uptrend and is up ~15% for the quarter.
V has a $354 bln market cap and trades at a forward P/E of 29x
FREE STUFF & SHAMELESS PLUGS:
This week’s in depth earnings packet can be purchased here:
Check out the latest episode from my podcast below.
FREE Trading Packet
I am happy to share this. Just use the code KPAKFRAUD at checkout and you will get it TOTALLY FREE. You will pay absolutely nothing.
If you'd like to follow my trades in real time click the "Join Now" button at the bottom of the page. For those that will and have asked, use the code 1ST on checkout for a discount with no commitment beyond one month.