You can buy and hold these two Buffett stocks for a lifetime.
Recently, Zacks.com users have been paying close attention to MasterCard (MA). This makes it worthwhile to examine what the stock has in store.
Mastercard and restaurant reservation platform TheFork are teaming up to serve cardholders a better dining experience. The multiyear partnership, which will launch next year, will enable eligible cardholders worldwide to gain access to exclusive benefits, Mastercard said in a Wednesday (Nov. 6) news release.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Mastercard Incorporated (NYSE: MA) surpassed Wall Street's expectations for the third quarter, driven by robust consumer spending and strategic growth in value-added services.
MA's Q3 results benefit from cross-border volumes and strong demand for value-added services despite rising operating expenses.
Mastercard's third-quarter earnings results demonstrated that consumers are still spending, and sentiment is healthy amid a resilient labor market and the Federal Reserve's September cuts to interest rates. CEO Michael Miebach said on a conference call with analysts: “On Halloween, well, there's nothing spooky here.
Mastercard Incorporated (NYSE:MA ) Q3 2024 Earnings Conference Call October 31, 2024 9:00 AM ET Company Participants Devin Corr - Head of Investor Relations Michael Miebach - Chief Executive Officer Sachin Mehra - Chief Financial Officer Conference Call Participants Sanjay Sakhrani - KBW Tien-tsin Huang - J.P. Morgan Harshita Rawat - Bernstein Rayna Kumar - Oppenheimer Bryan Keane - Deutsche Bank Tim Chiodo - UBS Darrin Peller - Wolfe Research James Faucette - Morgan Stanley Craig Maurer - FT Partners Trevor Williams - Jefferies Jamie Friedman - Susquehanna Fahed Kunwar - Redburn Atlantic Ramsey El-Assal - Barclays Capital Will Nance - Goldman Sachs Operator Good morning.
Mastercard's earnings showed the company widening the growth spread versus Visa in debit, suggesting the benefits of market-share gains.
MasterCard (MA) came out with quarterly earnings of $3.89 per share, beating the Zacks Consensus Estimate of $3.73 per share. This compares to earnings of $3.39 per share a year ago.
Mastercard Inc (NYSE:MA) has outdone expectations for the third quarter as “healthy consumer spending” helped drive payment volumes. Revenue increased by 13% to $7.4 billion, while earnings climbed by 15% to $3.89 per share, Mastercard reported on Thursday.