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Mastercard Earnings, Revenue Beat in Q2


Mastercard Earnings, Revenue Beat in Q2

Investing.com - Mastercard (NYSE:MA) reported second quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.

The firm reported earnings per share of $1.89 on revenue of $4.11B. Analysts polled by Investing.com forecast EPS of $1.82 on revenue of $4.08B. That compared to EPS of $1.66 on revenue of $3.67B in the same period a year earlier. The company had reported EPS of $1.78 on revenue of $3.89B in the previous quarter.

Mastercard shares lost 0.18% to trade at $280.88 in pre-market trade following the report.

Mastercard follows other major Financial sector earnings this month


On July 16, JPMorgan reported second quarter EPS of $2.82 on revenue of $29.57B, compared to forecasts of EPS of $2.5 on revenue of $28.84B.

Bank of America earnings beat analysts' expectations on July 17, with second quarter EPS of $0.74 on revenue of $23.08B. Investing.com analysts expected EPS of $0.71 on revenue of $23.11B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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