Mastercard has released a report with second-quarter results that exceeded analysts' expectations. Investing.com writes about this.
► Subscribe to the “Minfina” telegram channel: main financial news
The company announced earnings per share of $3.59, revenue amounted to $7 billion. Analysts expected in their forecasts that earnings per share would be $3.51, and total revenue would be $6.85 billion.
Mastercard shares rose by 2.58%.
This year, the value of Mastercard shares, having risen by 4%, has underperformed the S&P 500 average, rising 13% year-to-date.
Mastercard has followed the broader trend of companies in the Technology sector this month.
- Stocks (Securities) Stock Market