Mastercard: Q2 net profit above expectations
(CercleFinance.com) - On Tuesday the payment solutions group Mastercard published Q2 net profit that is up around 25% at 2 billion dollars (vs.
1.6 billion dollars in Q2 2018).
MasterCard's adjusted earnings rose by 11% to 1.9 billion dollars (+15% excluding FX effects), or 1.89 dollar per share, i.e. 4 cents above the consensus.
At 4.1 billion dollars, MasterCard's revenues increased 12% as reported, and are up 15% at constant exchange rates.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
1.6 billion dollars in Q2 2018).
MasterCard's adjusted earnings rose by 11% to 1.9 billion dollars (+15% excluding FX effects), or 1.89 dollar per share, i.e. 4 cents above the consensus.
At 4.1 billion dollars, MasterCard's revenues increased 12% as reported, and are up 15% at constant exchange rates.
Copyright (c) 2019 CercleFinance.com. All rights reserved.