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Benzinga
Benzinga
Business
Avi Kapoor

Mastercard Analysts Boost Their Forecasts After Upbeat Q2 Earnings

Mastercard MA
Mastercard

Mastercard Incorporated (NYSE: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.

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