Mastercard Earnings, Revenue beat in Q1 By Investing.com

Mastercard (NYSE:MA) reported on Thursday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

Mastercard announced earnings per share of $1.74 on revenue of $4.16B. Analysts polled by Investing.com anticipated EPS of $1.58 on revenue of $4B.

Mastercard shares are up 10% from the beginning of the year and are trading at $401.85 , down-from-52-week-high.They are under-performing the S&P 500 which is up 11.37% from the start of the year.

Mastercard shares gained 1.57% in pre-market trade the report.

Mastercard follows other major Financial sector earnings this month

Mastercard’s report follows an earnings beat by JPMorgan on April 14, who reported EPS of $4.5 on revenue of $33.12B, compared to forecasts EPS of $3.1 on revenue of $30.49B.

UnitedHealth had beat expectations on April 15 with first quarter EPS of $5.31 on revenue of $70.2B, compared to forecast for EPS of $4.39 on revenue of $69.07B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar