Investing.com - Mastercard (NYSE:MA) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Mastercard announced earnings per share of $1.64 on revenue of $4.12B. Analysts polled by Investing.com anticipated EPS of $1.54 on revenue of $4.02B.
Mastercard shares are down 11% from the beginning of the year and are trading at $321.95 , down-from-52-week-high.They are under-performing the S&P 500 which is down 0.14% from the start of the year.
Mastercard shares gained 2.05% in pre-market trade after the report.
Mastercard follows other major Financial sector earnings this month
Mastercard's report follows an earnings beat by JPMorgan on Friday, January 15, 2021, who reported EPS of $3.79 on revenue of $30.16B, compared to forecasts EPS of $2.62 on revenue of $28.67B.
UnitedHealth had beat expectations on Wednesday, January 20, 2021 with fourth quarter EPS of $2.52 on revenue of $65.47B, compared to forecast for EPS of $2.41 on revenue of $64.96B.
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