Mastercard (MA) shares slide on Q1 revenue miss, updated guidance
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Go back to Mastercard (MA) shares slide on Q1 revenue miss, updated guidance
May 3, 2024 7:14 AM EDT
William Blair analyst Cristopher Kennedy reiterated an Outperform rating on MasterCard (NYSE: MA)
The analyst comments "We are moderating our 2024 and 2025 adjusted EPS estimates to account for March-quarter results ($0.06 per share of upside) and to incorporate incremental FX-related headwinds, which are... More
May 1, 2024 4:41 PM EDT
Evercore 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
May 1, 2024 8:05 AM EDT
MasterCard (NYSE: MA) reported Q1 EPS of $3.31, $0.07 better than the analyst estimate of $3.24. Revenue for the quarter came in at $6.3 billion versus the consensus estimate of $6.34 billion.
For earnings history and earnings-related data on MasterCard (MA) click here.
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