23 May

What to Expect from Visa in Fiscal Q3 2018

WRITTEN BY Raymond Anderson

Earnings expectations

Visa (V) is expected to post EPS (earnings per share) of $1.11 in the third fiscal quarter (ending in June), boosted by strong business fundamentals. As we’ve discussed, the performance of payment technology companies (XLF) such as Discover Financial Services (DFS), Mastercard (MA), and American Express (AXP) is affected by the overall economy and client spending.

What to Expect from Visa in Fiscal Q3 2018

Visa reflected favorable views regarding its business fundamentals in the second fiscal quarter, stating that it has been focusing on long-term growth. The company could see its future results boosted by increased payment digitalization.

Expected revenue in fiscal Q3 2018

Visa’s revenue is expected to rise year-over-year to $5.0 billion in the third fiscal quarter, boosted by higher digital payment adoption. Its performance will also be sensitive to economic issues, as they significantly drive clients’ spending. Economic strength boosts Visa’s transactions, client spending, and revenue, while weakness in the form of recession, unemployment, and global trade decline impact the company’s growth. In the next part of this series, we’ll look at Visa’s valuation.

Latest articles

23 Jul

Google Ups the Ante for Ad Targeting

WRITTEN BY Ruchi Gupta

Google has announced that it's going to start adding third-party ad targeting and browser privacy restrictions to Google Chrome.

23 Jul

Will Fortinet Beat Q2 Earnings Estimates?

WRITTEN BY Aditya Raghunath

Leading cybersecurity company Fortinet (FTNT) is scheduled to announce its second-quarter earnings results on August 1. What should we expect?

Harley-Davidson’s Q2 earnings were slightly better than estimates.

Netflix (NFLX) has long relied on international markets to drive its streaming video business growth.

23 Jul

Could Ford’s Q2 Earnings Push Its Stock Even Higher?

WRITTEN BY Mohit Oberoi, CFA

Ford's second-quarter earnings results are scheduled for release on July 24. So far, Ford stock has outperformed its legacy peers.

23 Jul

Why RBC Isn't Optimistic about BlackBerry Stock

WRITTEN BY Aditya Raghunath

Shares of BlackBerry (BB) have been volatile over the last 12 months. BlackBerry stock fell 40.5% from $12.0 in September 2018 to $6.57 in December.