Investing.com - Mastercard (NYSE:MA) reported fourth quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.55 on revenue of $3.81B. Analysts polled by Investing.com anticipated EPS of $1.52 on revenue of $3.79B. That compared to EPS of $1.14 on revenue of $3.31B in the same period a year earlier. The company had reported EPS of $1.78 on revenue of $3.9B in the previous quarter.
Mastercard shares lost 2.02% to trade at $199.89 in pre-market trade following the report.
Mastercard shares lost 2.02% to trade at $199.89 in pre-market trade following the report.
For the year, Mastercard shares are up 8.15%, under-performing the S&P 500 which is up 8.65% year to date.
Mastercard follows other major Financial sector earnings this month
On Tuesday, January 15, 2019, JPMorgan reported fourth quarter EPS of $1.98 on revenue of $26.8B, compared to forecasts of EPS of $2.2 on revenue of $26.84B.
Bank of America earnings beat analyst's expectations on Wednesday, January 16, 2019, with fourth quarter EPS of $0.7 on revenue of $22.74B. Investing.com analysts expected EPS of $0.63 on revenue of $22.35B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar