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Mastercard First-Quarter Profit Tops Forecast
Shares of Mastercard (MA) - Get Report rose after the credit-processing titan reported first-quarter earnings that exceeded expectations.
Adjusted earnings per share totaled $1.83 in the quarter, up from $1.78 a year earlier and above analysts’ average forecast of $1.72, according to FactSet.
Revenue registered $4 billion in the latest quarter, up 3% from $3.9 billion a year earlier and above analysts’ prediction of $3.96 billion.
GAAP net income totaled $1.7 billion in the latest quarter, or $1.68 a share, down from $1.9 billion, or $1.80, a year earlier.
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https://www.thestreet.com/investing/mast..._ven=YAHOO
![[Bild: MAc1dl0920.png]](https://finviz.com/publish/042920/MAc1dl0920.png)
Shares of Mastercard (MA) - Get Report rose after the credit-processing titan reported first-quarter earnings that exceeded expectations.
Adjusted earnings per share totaled $1.83 in the quarter, up from $1.78 a year earlier and above analysts’ average forecast of $1.72, according to FactSet.
Revenue registered $4 billion in the latest quarter, up 3% from $3.9 billion a year earlier and above analysts’ prediction of $3.96 billion.
GAAP net income totaled $1.7 billion in the latest quarter, or $1.68 a share, down from $1.9 billion, or $1.80, a year earlier.
...
https://www.thestreet.com/investing/mast..._ven=YAHOO
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