Company News: MasterCard (MA) Q1 results beat analysts’ forecasts

Market news

2 May 2017

Company News: MasterCard (MA) Q1 results beat analysts’ forecasts

MasterCard (MA) reported Q1 FY 2017 earnings of $1.00 per share (versus $0.86 in Q1 FY 2016), beating analysts' consensus estimate of $0.95.

The company's quarterly revenues amounted to $2.734 bln (+11.8% y/y), missing analysts' consensus estimate of $2.654 bln.

MA rose to $118.56 (+1.88%) in pre-market trading.

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