Previous close | 3.9500 |
Open | 3.8800 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 350.00 |
Expiry date | 2024-12-20 |
Day's range | 3.8800 - 3.9500 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Despite surpassing expectations with its first-quarter earnings report, Mastercard Inc. (MA) has revised its full-year forecast downward, citing unfavorable foreign exchange rates as headwinds. Yahoo Finance's Josh Lipton and Akiko Fujita break down the details. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
Mastercard (MA) repurchases 4.4 million shares for $2 billion in the first quarter.
Mastercard Inc. (NYSE: MA) reported fiscal first-quarter net revenues of $6.35 billion, up 10% year over year and 11% year over year on a neutral currency basis, beating the consensus of $6.34 billion. Adjusted EPS rose 18% year over year to $3.31, exceeding the consensus of $3.24. Payment network net revenue rose 7% Y/Y (+8% Y/Y on a currency-neutral basis), led by growth in gross dollar volume (+10% Y/Y), cross-border volume (+18% Y/Y) and switched transactions (+13% Y/Y). Also Read: Mastercar