© Reuters. Mastercard Earnings, Revenue Beat in Q1
Investing.com – Mastercard (NYSE:) reported on Thursday first quarter that beat analysts’ forecasts and revenue that topped expectations.
Mastercard announced earnings per share of $2.76 on revenue of $5.17B. Analysts polled by Investing.com anticipated EPS of $2.18 on revenue of $4.91B.
Mastercard shares are down 0% from the beginning of the year, still down 9.95% from its 52 week high of $401.50 set on April 28, 2021. They are outperforming the S&P 500 which is down 12.22% from the start of the year.
Mastercard follows other major Information Technology sector earnings this month
Mastercard’s report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $2.22 on revenue of $49.36B, compared to forecasts EPS of $2.19 on revenue of $49.01B.
Taiwan Semiconductor had beat expectations on April 14 with first quarter EPS of $1.35 on revenue of $16.94B, compared to forecast for EPS of $1.27 on revenue of $16.73B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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