MasterCard Earnings Preview (MA)

MasterCard (NYSE: MA) will be reporting their earnings tomorrow morning. The First Call consensus earnings estimates for the company are earnings per share of $2.46 versus $1.87 in the year ago period.

In today's session, the shares lost nearly 2% of their value and closed at $247.58. In the after hours, however, there appeared to be some pretty big buyers, as the stock jumped $5.92, or 2.39%, to $253.50. Therefore, on the entire day, the stock actually finished slightly positive, as it opened this morning at $252.45.

The action in MasterCard (MA) in the after hours coincided with a bullish earnings report from Visa (NYSE: V), so it appears that traders believe MA can deliver a positive report similar to that of their rival Visa (V).