Visa Earnings Preview: Can This Streak Continue?

Visa (NYSE:V) will report earnings after markets close on Wednesday, May 1st. Visa Inc. operates a retail electronic payments network and manages global financial services. The Company also offers global commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses and government entities.

Here is your Cheat Sheet to Visa Earnings:

Earnings Expectations: Analysts expect earnings of $1.81 per share on revenues of $2.85 billion. Currently, the company’s P/E ratio stands at 46.47.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.8 to a profit $1.78. For the current year, the average estimate is a profit of $7.34, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Visa has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 6,263 6,911 8,065 9,188 10,420
Diluted EPS ($) 0.58 2.04 2.71 3.57 2.22

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 2,547 2,578 2,565 2,731 2,846
Diluted EPS ($) 1.05 1.34 -1.92 1.751 1.37

Past Performance:
Visa has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)