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
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