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Financial Tech Firms Set for Mixed Quarterly Earnings Ahead, Oppenheimer Says

Financial Tech Firms Set for Mixed Quarterly Earnings Ahead, Oppenheimer Says

11:32 AM EDT, 10/08/2026 (MT Newswires) -- Financial technology companies are set to report mixed quarterly results, with Visa (V) and Fiserv (FISV) expected to beat earnings estimates as Mastercard (MA) and PayPal (PYPL) report in-line financials, Oppenheimer said in a note Thursday. Visa will likely post fiscal fourth quarter non-GAAP earnings per share of $3.46 compared to consensus of $3.44 while Fiserv's EPS is expected to fall 16% year over year to $1.72, $0.01 above Wall Street's estimate, according to the note. The brokerage models Mastercard's and PayPal's non-GAAP EPS in line with analysts' expectations of $5.15 and $1.31, respectively. For Block (XYZ), Oppenheimer projects third-quarter gross profit to rise 20% year over year to $3.19 billion, above consensus of $3.15 billion. Corpay (CPAY) will likely post EPS of $7.26, beating the Street estimate of $7.18. The firm expects Affirm (AFRM) to post diluted EPS of $0.33, missing analysts' estimate of $0.37. Global Payments (GPN) and Western Union's (WU) EPS will match consensus expectations, the note showed. "We continue to favor Visa, Mastercard, Block, Affirm, and Toast (TOST) given their strong competitive moats, exposure to secular growth trends, and attractive growth profiles," Oppenheimer analysts, including Rayna Kumar, said. Visa and Mastercard will outperform the revenue consensus driven by growth in volumes, while PayPal will miss Wall Street's projections due to a lower transaction take rate, Oppenheimer added. The brokerage models Visa's fiscal fourth-quarter revenue at $12.16 billion, above the Street's $12.09 billion estimate, and expects Mastercard's revenue to reach $9.61 billion, slightly exceeding consensus of $9.58 billion. Meanwhile, PayPal's third-quarter revenue is projected at $8.68 billion, below the $8.72 billion Street expectation. Additionally, Oppenheimer expects revenue for Fiserv and Fidelity National Information Services (FIS) to match Street consensus, while Shift4 Payments (FOUR) and Western Union (WU) are modeled to fall

MT newswire•2026-10-08 15:32

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