Visa (V) Stock Moves -2.14%: What You Should Know

Visa (V) closed at $362.04, down 2.14% in the most recent trading session. The company is forecasted to report Q3 EPS of $3.43 (up 15.1% YoY) and revenue of $12.07 billion (up 12.56% YoY). For the full year, analysts expect EPS of $13.16 and revenue of $45.83 billion, both up approximately 14.7% from the prior year. However, Visa trades at a Forward P/E of 28.11, significantly above its industry average of 12.74, and carries a Zacks Rank of #3 (Hold).