Investors have their eyes on Visa Inc. (V) as the company prepares to announce its upcoming earnings. Recent events indicate that the company is set for a strong report, with favorable earnings estimate revisions and an increase in analysts' expectations.

Analysts raising their estimates just before earnings season is often seen as a positive sign, as it reflects the most up-to-date information available and suggests potential favorable trends for Visa (V). Currently, the Most Accurate Estimate for the current quarter stands at $2.35 per share, while the broader Zacks Consensus Estimate is $2.33 per share. This upward revision in estimates gives Visa a Zacks Earnings ESP of +0.71%.

The Zacks Earnings ESP has proven to be a powerful indicator in producing positive surprises and outperforming the market. According to a recent 10-year backtest, stocks with a positive Earnings ESP and a Zacks Rank of #3 (Hold) or better have recorded a positive surprise nearly 70% of the time, with an average annual return of over 28%.

Visa holds a Zacks Rank #3, accompanied by a positive Earnings ESP, which further strengthens the case for a positive earnings surprise. Investors may want to consider this stock ahead of the upcoming report, given the recent earnings estimate revisions and positive indicators.

The recent earnings estimate revisions indicate a promising outlook for Visa, suggesting that the company may beat expectations in its upcoming report. Investors are eagerly awaiting the release of earnings to see if Visa can deliver on its optimistic projections.

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In conclusion, Visa Inc. is poised for a positive earnings surprise as analysts have raised their estimates ahead of the upcoming report. With a Zacks Rank #3 and a positive Earnings ESP, investors may consider Visa as a potential stock to watch during this earnings season.