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Benzinga
Benzinga
Business
Priya Nigam

Fears Over Crypto Disruption Are Overblown, Analyst Says: Mastercard, PayPal Score Upgrades Ahead Of Q2 Results

Mahmutlar, - ,Turkey,-,June,01,,2019:,Mastercard,Plastic,Electronic

Fintech firms are likely to report "solid" results for the second quarter, while projecting accelerated sequential revenue growth for the third quarter, according to Seaport Research Partners.

Analyst Jeff Cantwell said in the note that risks to revenues and earnings from tariff-related impacts "have faded somewhat since last quarter."

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