Visa Inc. First Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Visa, Inc. (NYSE:V) will unveil its latest earnings on Wednesday, February 8, 2012. Visa is a global payments technology company that connects consumers, businesses, banks and governments around the world.

Visa, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of $1.46 per share, a rise of 18.7% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from $1.45. Between one and three months ago, the average estimate was unchanged. It has risen during the last month. For the year, analysts are projecting profit of $5.88 per share, a rise of 17.8% from last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 3 cents, reporting net income of $1.27 per share against a mean estimate of profit of $1.24 per share.

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Wall St. Revenue Expectations: On average, analysts predict $2.47 billion in revenue this quarter, a rise of 10.3% from the year ago quarter. Analysts are forecasting total revenue of $10.07 billion for the year, a rise of 9.6% from last year’s revenue of $9.19 billion.

Analyst Ratings: Analysts are bullish on this stock with 25 analysts rating it as a buy, none rating it as a sell and five rating it as a hold.

A Look Back: In the fourth quarter of the last fiscal year, profit rose 13.7% to $880 million (89 cents a share) from $774 million ($2.03 a share) the year earlier, exceeding analyst expectations. Revenue rose 12.6% to $2.38 billion from $2.12 billion.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 13.9%, with the biggest boost coming in the second quarter of the last fiscal year when revenue rose 14.6% from the year earlier quarter.

The company has seen net income rise in three straight quarters. Net income rose 40.4% in the third quarter of the last fiscal year and 23.6% in the second quarter of the last fiscal year.

Stock Price Performance: During November 4, 2011 to February 2, 2012, the stock price had risen $13.63 (14.7%) from $92.43 to $106.06. The stock price saw one of its best stretches over the last year between March 31, 2011 and April 11, 2011 when shares rose for eight-straight days, rising 5.5% (+$4.06) over that span. It saw one of its worst periods between January 5, 2012 and January 11, 2012 when shares fell for five-straight days, falling 2.7% (-$2.80) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com