The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Visa's revenues will grow 12.8% and EPS will grow 15.4%.
The average estimate for revenue is $2.89 billion. On the bottom line, the average EPS estimate is $1.80.
Last quarter, Visa recorded revenue of $2.96 billion. GAAP reported sales were 15% higher than the prior-year quarter's $2.58 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $1.92. GAAP EPS of $1.92 for Q2 were 0.5% higher than the prior-year quarter's $1.91 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 96.0%, much about the same as the prior-year quarter. Operating margin was 62.9%, 60 basis points better than the prior-year quarter. Net margin was 42.9%, 720 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $11.72 billion. The average EPS estimate is $7.50.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 4,915 members out of 5,183 rating the stock outperform, and 268 members rating it underperform. Among 1,049 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,007 give Visa a green thumbs-up, and 42 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Visa is outperform, with an average price target of $174.06.
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