MasterCard (MA) tops Q4 estimates on strong payment network growth
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/20/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
Mastercard profit beats estimates on healthy spending trends
January 31, 2024 8:06 AM ESTBy Niket Nishant
(Reuters) -Mastercard beat Wall Street estimates for fourth-quarter profit on Wednesday, as the payments processor benefited from resilient consumer spending during the holiday shopping season.
The report capped a robust year for the company as hopes of a "soft landing" for the economy and bets of interest rate cuts by the U.S. Federal Reserve encouraged big-ticket purchases and more travel.
Last week, Visa reported a... More
MasterCard (MA) Tops Q4 EPS by 10c
January 31, 2024 8:03 AM ESTMasterCard (NYSE: MA) reported Q4 EPS of $3.18, $0.10 better than the analyst estimate of $3.08. Revenue for the quarter came in at $6.5 billion versus the consensus estimate of $6.48 billion.
For earnings history and earnings-related data on MasterCard (MA) click here.
... MoreMasterCard (MA) option IV elevated into quarter results and outlook
January 30, 2024 10:36 AM ESTMasterCard (NYSE: MA) February weekly call option implied volatility is at 40, February is at 23; compared to its 52-week range of 14 to 30 into the expected release of quarter results before the bell on January 31.
... More