MasterCard (MA) Tops Q1 EPS by 7c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/18/2026
- Wall Street indexes slip as oil prices rise, retail results awaited
- Trump threatens to bomb Oman over Iran stance
- Why this Wall Street strategist says the "trade is long gold"
- U.S. EV market shows signs of bottoming out: Bernstein
- Micron rises as White House presses Apple to avoid Chinese memory chips
- Wall Street indexes slip as oil prices rise, retail results awaited
- Micron rises as White House presses Apple to avoid Chinese memory chips
- BofA sees Micron EPS topping $230 by FY30, calls peak fears overblown
- Trump threatens to bomb Oman over Iran stance
- H.C. Wainwright Reiterates Buy Rating on Soluna (SLNH)
MasterCard (MA) PT Lowered to $540 at Evercore ISI, Maintains Top Pick
May 1, 2024 4:41 PM EDTEvercore ISI analyst David Togut lowered the price target on MasterCard (NYSE: MA) to $540.00 (from $545.00) while maintaining a Outperform rating.
The analyst comments "Following the 1Q24 earnings call, trimming our 2024-2026 EPS estimates primarily on FX headwinds. For 2024, MA maintained their FX neutral... More
Mastercard (MA) shares slide on Q1 revenue miss, updated guidance
May 1, 2024 8:24 AM EDT(Updated - May 1, 2024 12:22 PM EDT)
Mastercard (NYSE: MA) shares opened lower Wednesday following the companys print for the fiscal Q1, where it reported worse-than-expected revenue and operating margin.
The payments processing giant posted Q1 earnings per share (EPS) of $3.31, ahead of the consensus estimates of $3.24. However, the company's revenue of $6.3 billion fell slightly short of the projected $6.34 billion.
The operating margin for the quarter was 56.8%, below the expected 58.3%.
Gross Dollar Volume also missed expectations, totaling $2.29 trillion compared to the... More
