Investing.com - Mastercard (NYSE:MA) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Mastercard announced earnings per share of $1.36 on revenue of $3.34B. Analysts polled by Investing.com anticipated EPS of $1.16 on revenue of $3.25B.
Mastercard shares are up 3% from the beginning of the year and are trading at $311.00 , down-from-52-week-high.They are outperforming the S&P 500 which is up 0.86% from the start of the year.
Mastercard shares gained 0.55% in pre-market trade the report.
Mastercard follows other major Financial sector earnings this month
Mastercard's report follows an earnings beat by JPMorgan on Tuesday, July 14, 2020, who reported EPS of $1.38 on revenue of $33.82B, compared to forecasts EPS of $1.15 on revenue of $30.41B.
UnitedHealth had beat expectations on Wednesday, July 15, 2020 with second quarter EPS of $7.12 on revenue of $62.14B, compared to forecast for EPS of $5.28 on revenue of $63.48B.
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