MasterCard: Fourth Quarter Earnings Overview
MasterCard Announces Strong Fourth-Quarter Results
MasterCard Inc., headquartered in Purchase, New York, revealed on Thursday that it achieved a net profit of $4.06 billion in the fourth quarter.
The company reported earnings of $4.52 per share, with adjusted earnings—excluding one-time and investment-related expenses—coming in at $4.76 per share.
These figures surpassed analysts’ expectations, as a consensus of 15 experts polled by Zacks Investment Research had projected earnings of $4.20 per share.
MasterCard, a leading processor of credit and debit card transactions, also reported quarterly revenue of $8.81 billion, outpacing the $8.74 billion anticipated by 11 analysts surveyed by Zacks.
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