Mastercard Earnings Exceed Expectations by $0.08, Revenue Surpasses Estimates

Mastercard recently announced its second-quarter earnings, reporting an earnings per share (EPS) of $3.59, which exceeded analysts’ expectations of $3.51 by $0.08. The company’s revenue for the quarter reached $7 billion, surpassing the consensus estimate of $6.85 billion.

The stock price for Mastercard closed at $447.45, reflecting a 0.87% increase over the past three months and a 12.69% rise over the last year.

In the past 90 days, Mastercard experienced one positive EPS revision alongside 22 negative EPS revisions.

According to financial assessments, Mastercard holds a “good performance” score concerning its financial health.

To stay informed about upcoming earnings reports, investors should keep an eye on earnings calendars.