Mastercard (MA) Stock Slides 2% After Beating Earnings — Here’s Why

TLDR Mastercard posted Q1 adjusted EPS of $4.60, beating the $4.41 estimate Revenue rose 16% year over year to $8.4 billion, topping forecasts Stock fell 2.1% in premarket despite the beat Gross dollar volume climbed 7%; cross-border volume up 13% Operating expenses rose 13%, including a $202 million restructuring charge Mastercard reported stronger-than-expected first-quarter results … Continue reading Mastercard (MA) Stock Slides 2% After Beating Earnings — Here’s Why