Visa slips ahead of quarterly earnings report
V•Visa shares fell 1% ahead of its quarterly earnings report, due after markets close. The company was on track to report adjusted EPS of $3.44, up about 15%, and revenue of $12 billion, up about 13%.
1. Earnings due after close
Visa shares fell 1% in afternoon trading ahead of its quarterly earnings report, due after markets close. Analysts expected adjusted EPS of $3.44, up about 15%, and revenue of $12 billion, up about 13%; Visa's revenue and adjusted EPS have beaten expectations in each of the past eight quarters.
