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Mastercard: Q3 Earnings Insights

Benzinga Insights
·1 min read

Shares of Mastercard (NYSE:MA) fell 0.4% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share fell 25.58% year over year to $1.60, which missed the estimate of $1.66.

Revenue of $3,837,000,000 decreased by 14.10% year over year, which missed the estimate of $3,950,000,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Oct 28, 2020

View more earnings on MA

Time: 09:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.mastercard.com%2F&eventid=2625460&sessionid=1&key=DE836A2E08CC7443CB4815F25C46CDFC&regTag=&sourcepage=register

Recent Stock Performance

Company's 52-week high was at $367.25

52-week low: $199.99

Price action over last quarter: Up 2.42%

Company Description

Mastercard is the second- largest payment processor in the world and processed $4.8 trillion in purchase transactions in 2019. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.

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