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Mastercard Earnings, Revenue Beat in Q4 -Breaking

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© Reuters. In Q4, Mastercard’s Earnings and Revenue Beat

Investing.com – Mastercard reported Thursday the fourth quarter results that exceeded analysts’ expectations and generated revenue above all estimates.

Mastercard reported earnings per share at $2.35 for revenue of $5.22B. Investing.com polled analysts and predicted EPS at $2.21 for revenue $5.17B.

Mastercard shares fell 4% over the first year. However, they are still below 14.16% of its 52-week peak of $401.50 on April 28, 2021. They are outperforming the S&P 500 which is down 8.73% from the start of the year.

Mastercard shares fell 0.03% during pre-market trading following the news.

Mastercard joins other notable earnings from the Information Technology industry this month

Mastercard reports on Microsoft’s earnings beat on Tuesday. Microsoft reported EPS at $2.48 per share on revenue $51.73B. Forecasts were for EPS at $2.31 per share on revenue $50.65B.

Taiwan Semiconductor beat all expectations with quarter-end EPS at $1.16 on $15.85B revenue, as compared to the forecast of EPS at $1.12 for revenue of $15.69B.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

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