Visa Likely To Report Higher Q1 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Earnings Report - Visa Inc. is set to release its first-quarter earnings results on January 30, 2025, after the market closes [1] - Analysts anticipate quarterly earnings of $2.66 per share, an increase from $2.41 per share in the same period last year [1] - The company is projected to report revenue of $9.34 billion for the recent quarter, compared to $8.63 billion a year earlier [1] - Visa has exceeded revenue estimates in nine of the last ten quarters [1] Stock Performance - Visa shares increased by 0.4% to close at $335.88 on Wednesday [2] Analyst Ratings - Wells Fargo analyst Donald Fandetti maintained an Overweight rating and raised the price target from $325 to $360 [3] - Morgan Stanley analyst James Faucette maintained an Overweight rating and increased the price target from $326 to $371 [3] - Keefe, Bruyette & Woods analyst Sanjay Sakhrani maintained an Outperform rating and raised the price target from $335 to $360 [3] - Barclays analyst Raimo Lenschow maintained an Overweight rating and increased the price target from $319 to $347 [3] - Mizuho analyst Dan Dolev maintained a Neutral rating and raised the price target from $279 to $292 [3]