Company News: MasterCard (MA) quarterly results miss analysts’ estimates

Market news

28 October 2020

Company News: MasterCard (MA) quarterly results miss analysts’ estimates

MasterCard (MA) reported Q3 FY 2020 earnings of $1.60 per share (versus $2.07 per share in Q3 FY 2019), missing analysts’ consensus estimate of $1.66 per share.

The company’s quarterly revenues amounted to $3.837 bln (-14.1% y/y), missing analysts’ consensus estimate of $3.951 bln.

MA fell to $304.00 (-4.13 %) in pre-market trading.

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