V - Why Visa Dipped More Than Broader Market Today | Benzinga
In the latest market close, Visa (NYSE: V) reached $271.28, with a -1.7% movement compared to the previous day. This change lagged the S&P 500's 1.2% loss on the day. Elsewhere, the Dow saw a downswing of 0.65%, while the tech-heavy Nasdaq depreciated by 1.79%.
Prior to today's trading, shares of the global payments processor had lost 2.5% over the past month. This has was narrower than the Business Services sector's loss of 3.41% and lagged the S&P 500's loss of 0.85% in that time.
The investment community will be paying close attention to the earnings performance of Visa in its upcoming release. The company is slated to reveal its earnings on April 23, 2024. The company's upcoming EPS is projected at $2.42, signifying a 15.79% increase compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $8.6 billion, indicating a 7.71% upward movement from ...