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Visa Inc. (V), based in San Francisco, is a global payment technology company with a market cap of $507.7 billion. Operating in over 200 countries, it facilitates transactions for consumers, merchants, and institutions. Visa is set to report its fiscal Q4 2024 earnings on Tuesday, Oct. 22.
Ahead of the event, analysts expect V to report a profit of $2.58 per share on a diluted basis, up 10.7% from $2.33 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports. Despite macroeconomic headwinds, its EPS of $2.42 exceeded the consensus estimate marginally in the recent quarter.