MasterCard Q2 Earnings Outlook

On Tuesday, July 30, MasterCard MA will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

Earnings and Revenue

Wall Street expects EPS of $1.82 and sales around $4.08 billion.

In the same quarter last year, MasterCard announced EPS of $1.66 on revenue of $3.67 billion. The analyst consensus estimate would represent a 9.64% increase in the company's earnings. Sales would be up 11.32% on a year-over-year basis. Here's how the company's reported EPS has compared to analyst estimates in the past:

 

Quarter Q1 2019 Q4 2018 Q3 2018 Q2 2018
EPS Estimate 1.660 1.53 1.68 1.53
EPS Actual 1.780 1.55 1.78 1.66

Stock Performance

Over the last 52-week period, shares are up 36.02%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The popular rating by analysts on MasterCard stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.

Conference Call

MasterCard is scheduled to hold a conference call at 9:00 a.m. ET and it can be accessed here.

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