Benzinga | Oct 25, 2021 11:15AM EDT

A Preview Of Visa's Earnings

Visa (NYSE:V) is set to give its latest quarterly earnings report on Tuesday, 2021-10-26. Here's what investors need to know before the announcement.

Analysts estimate that Visa will likely report an Earnings Per Share (EPS) of $1.54

Visa bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat on EPS by 11.19%, which was followed by a 1.59% drop in the share price the next day.

Here's a look at Visa's past performance and the resulting price change:

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020EPS Estimate 1.34 1.27 1.28 1.10EPS Actual 1.49 1.38 1.42 1.12Price Change % -1.59% 1.54% -2.51% 2.21%

Stock Performance

Shares of Visa were trading at $231.23 as of October 22. Over the last 52-week period, shares are up 22.71%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.