Mastercard's First-Quarter Earnings Beat Analysts' Forecasts
Mastercard reports better-than-expected earnings and revenue amid strong transaction volumes and a boost from new products and services.
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Mastercard said net income for the first quarter came in at $1.9 billion, or $1.80 a share, compared with $1.5 billion, or $1.41 a share, in the year-earlier quarter. Adjusted earnings per share were $1.78, up from $1.50 a year earlier and well above the $1.66 a share analysts surveyed by FactSet had been expecting.
Revenue rose to $3.89 billion from $3.58 billion, slightly ahead of analysts' forecasts of $3.85 billion.
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https://www.thestreet.com/investing/mast...yptr=yahoo
Mastercard reports better-than-expected earnings and revenue amid strong transaction volumes and a boost from new products and services.
...
Mastercard said net income for the first quarter came in at $1.9 billion, or $1.80 a share, compared with $1.5 billion, or $1.41 a share, in the year-earlier quarter. Adjusted earnings per share were $1.78, up from $1.50 a year earlier and well above the $1.66 a share analysts surveyed by FactSet had been expecting.
Revenue rose to $3.89 billion from $3.58 billion, slightly ahead of analysts' forecasts of $3.85 billion.
...
https://www.thestreet.com/investing/mast...yptr=yahoo
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