Mastercard Q2 EPS $2.89 Beats $2.55 Estimate, Sales $6.27B Beat $5.58B Estimate
Portfolio Pulse from Benzinga Newsdesk
Mastercard reported Q2 earnings of $2.89 per share, beating the analyst consensus estimate of $2.55 by 13.33%. This is a 12.89% increase from the same period last year. The company also reported quarterly sales of $6.27 billion, beating the analyst consensus estimate of $5.58 billion by 12.35%. This is a 14.04% increase from the same period last year.
July 27, 2023 | 12:02 pm
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POSITIVE IMPACT
Mastercard's Q2 earnings and sales beat analyst estimates, showing a significant YoY increase. This positive financial performance could potentially boost the company's stock price in the short term.
Mastercard's Q2 earnings and sales exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the stock price. The YoY growth in earnings and sales also indicates a strong financial performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100