Mastercard Analysts Boost Their Forecasts After Upbeat Q2 Earnings

Mastercard Incorporated MA reported better-than-expected second-quarter financial results on Thursday.The company reported quarterly net revenues of $8.13 billion, up 17% year-over-year and 16% Y/Y on a neutral currency basis, beating the analyst consensus estimate of $7.95 billion. Adjusted EPS rose 16% Y/Y to $4.15, exceeding the analyst consensus estimate of $4.02.Mastercard expects net revenue growth in the high teens for the third quarter, versus the $8.29 billion analyst consensus estimate. The compan ...