MasterCard Profit Beats Estimates on Customer Spending

MasterCard Profit Beats Estimates on Customer Spending

Assessment

Interactive Video

Business

University

Hard

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The video discusses MasterCard's recent earnings report, highlighting a beat on the bottom line with $0.89 per share, surpassing the consensus of $0.78. This marks the highest EPS in recent quarters. Revenue increased by 13%, slightly exceeding analyst expectations. Purchase volumes rose by 11%, and shares moved higher by 2.6% in pre-market trading. The report also compares MasterCard's performance with Visa's better-than-expected earnings, providing insights into consumer spending trends.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the pre-market movement percentage of MasterCard shares?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What other company's earnings were mentioned in relation to MasterCard's results?

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