Mastercard Incorporated Q1 adjusted earnings Beat Estimates

Shutterstock photo

(RTTNews.com) - Mastercard Incorporated ( MA ) announced earnings for its first quarter that advanced from last year.

The company's bottom line came in at $1.5 billion, or $1.41 per share. This compares with $1.1 billion, or $1.00 per share, in last year's first quarter.

Excluding items, Mastercard Incorporated reported adjusted earnings of $1.6 billion or $1.50 per share for the period.

Analysts had expected the company to earn $1.25 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 33.3% to $3.6 billion from $2.7 billion last year.

Mastercard Incorporated earnings at a glance:

-Earnings (Q1): $1.6 Bln. vs. $1.1 Bln. last year.
-EPS (Q1): $1.50 vs. $1.01 last year.
-Analysts Estimate: $1.25
-Revenue (Q1): $3.6 Bln vs. $2.7 Bln last year.

For comments and feedback: contact editorial@rttnews.com


Referenced Symbols: MA ,

More from RTT News


See All RTT news

Research Brokers before you trade

Want to trade FX?