Visa (V) Tops Q1 Earnings and Revenue Estimates

Group 1: Earnings Performance - Visa reported quarterly earnings of $2.75 per share, exceeding the Zacks Consensus Estimate of $2.66 per share, and up from $2.41 per share a year ago, representing an earnings surprise of 3.38% [1] - The company posted revenues of $9.51 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.82%, compared to $8.63 billion in the same quarter last year [2] - Over the last four quarters, Visa has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Group 2: Stock Performance and Outlook - Visa shares have increased approximately 6.3% since the beginning of the year, outperforming the S&P 500's gain of 2.7% [3] - The company's earnings outlook, including current consensus earnings expectations for upcoming quarters, will be crucial for investors [4] - The current consensus EPS estimate for the coming quarter is $2.67 on revenues of $9.55 billion, and for the current fiscal year, it is $11.18 on revenues of $39.3 billion [7] Group 3: Industry Context - The Financial Transaction Services industry, to which Visa belongs, is currently ranked in the top 34% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Visa's stock performance [5][6]