Investing.com - Mastercard (NYSE:MA) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Mastercard announced earnings per share of $2.37 on revenue of $4.99B. Analysts polled by Investing.com anticipated EPS of $2.18 on revenue of $4.95B.
Mastercard shares are down 5% from the beginning of the year and are trading at $343.05 , down-from-52-week-high.They are under-performing the S&P 500 which is up 21.18% from the start of the year.
Mastercard shares gained 2.18% 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 Wednesday, October 13, 2021, who reported EPS of $3.74 on revenue of $30.44B, compared to forecasts EPS of $3 on revenue of $29.79B.
UnitedHealth had beat expectations on Thursday, October 14, 2021 with third quarter EPS of $4.52 on revenue of $72.34B, compared to forecast for EPS of $4.42 on revenue of $71.38B.
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