UPDATE: Mastercard Q2 EPS $2.89 Beats $2.83 Estimate, Sales $6.27B Beat $6.17B Estimate
Portfolio Pulse from Benzinga Newsdesk
Mastercard has reported its Q2 earnings per share (EPS) at $2.89, surpassing the estimated $2.83. The company's sales also exceeded expectations, coming in at $6.27 billion against the estimated $6.17 billion.
July 27, 2023 | 1:31 pm
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POSITIVE IMPACT
Mastercard's Q2 earnings exceeded expectations, which could positively impact its stock price in the short term.
Earnings reports are a significant factor in a company's stock price. As Mastercard's Q2 earnings exceeded estimates, this could lead to increased investor confidence and a potential rise in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100