Mastercard Inc (MA) shares edged higher and hovered near a 52-week high on Wednesday as investors awaited the payments firm’s earnings report on Thursday. According to FinChat data, Wall Street expects Mastercard to report fourth-quarter (Q4) earnings per share of $3.

Mastercard (MA – Research Report), the Financial sector company, was revisited by a Wall Street analyst today. Analyst Bryan Bergin from TD

Shares of Mastercard were rising after the credit-card company easily beat Wall Street’s quarterly estimates for earnings and revenue. Mastercard stock gained 4.9% to $575.90 in Thursday trading, on track for its largest daily percentage increase since November 2022,

Mastercard reported a fourth-quarter profit that beat Wall Street estimates as a resilient economy encouraged consumers to ramp up spending during the holiday season, sending the payments processor's shares up 3.

The card network touted value-added services such as technology and security as its fourth-quarter performance came in ahead of Wall Street analysts' expectations.

The credit-card company posted better-than-expected adjusted earnings and revenue, fueled by a rise in cross-border transactions. Shares rose 4% Thursday morning. ↗️ [IBM (IBM)](

The card brand also touted its payments partnership with the social media platform X as evidence of strength in its partnership strategy.

Mastercard (MA) hailed its push to diversify beyond its traditional payments network as it reported quarterly earnings that beat expectations,

On a per-share basis, the Purchase, New York-based company said it had net income of $3.64. Earnings, adjusted for non-recurring costs, came to $3.82 per share. The results surpassed Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $3.68 per share.

Mastercard reported a higher fourth-quarter profit on Thursday as a resilient economy encouraged consumers to ramp up spending in the holiday season. The company's net income rose to $3.34 billion, or $3.

Visa and Mastercard report quarterly results Thursday and their commentary on the new White House administration could shift which one is preferred by investors.