We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
MasterCard Incorporated | NYSE:MA | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-8.00 | -1.77% | 443.20 | 448.98 | 438.38 | 446.00 | 4,979,367 | 01:00:00 |
By Allison Prang
Mastercard Inc.'s profit rose in the fourth quarter compared with a year earlier when the company recorded litigation costs.
The credit-card company said fourth-quarter net income jumped to $2.1 billion, or $2.07 a share. Profit more than doubled from a year ago when Mastercard logged more than $750 million in litigation charges. Adjusted earnings were $1.96 a share, up from $1.55 a share.
Analysts' consensus, according to FactSet, estimated earnings of $1.87 a share.
Mastercard also recorded a net gain on its equity investments of $119 million in the fourth quarter.
Net revenue at the company was $4.41 billion, up 16%. Analysts were expecting $4.4 billion.
The volume of Mastercard's card transactions was $1.73 trillion, up 11%.
Write to Allison Prang at allison.prang@wsj.com
(END) Dow Jones Newswires
January 29, 2020 08:54 ET (13:54 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
1 Year MasterCard Chart |
1 Month MasterCard Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions