MasterCard Incorporated Reports First-Quarter 2015 Financial Results

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MasterCard (MA) PT Lifted to $104 at Piper Jaffray

April 30, 2015 6:44 AM EDT

Piper Jaffray analyst Jason Deleeuw reiterated an Overweight rating and boosted his price target on MasterCard (NYSE: MA) to $104.00 (from $102.00) noting FX impacts but strong local currency trends.

Deleeuw commented, "MA reported strong 1Q local currency trends, reflecting the underlying secular strength of its... More

MasterCard (MA) Tops Q1 EPS by 9c

April 29, 2015 8:02 AM EDT

MasterCard (NYSE: MA) reported Q1 EPS of $0.89, $0.09 better than the analyst estimate of $0.80. Revenue for the quarter came in at $2.23 billion versus the consensus estimate of $2.28 billion.

We are managing well, despite a mixed economic environment and challenging currency situation, said Ajay Banga, president and CEO,... More