Mastercard Earnings Preview

Published on Wednesday, 01 February 2012 11:44 Written by Christopher Lynn

New York, February 1st (TradersHuddle.com) - Shares of MasterCard, Inc. (NYSE:MA) are trading higher by +1.24% ahead of its quarterly earnings release. Mastercard, the global payment solutions company is expected to release its quarterly results on January 2^nd.

Wall Street Analysts consensus calls for a profit of $3.93 a share on $1.73 billion revenue.

Mastercard estimates have a range of $0.67 a share. The high estimate calls for profit of $4.28 a share and the low estimate is calling for a profit of $3.61 a share, a year ago for the quarter the company reported $3.16 a share.

MasterCard, Inc. (NYSE:MA) is a global payment solutions company that provides a variety of services in support of the credit, debit and related payment programs of financial institutions. The Company offers transaction processing services for credit and debit cards, electronic cash, automated teller machines, and travelers checks.

Other companies on the watch on this earnings event are Visa Inc. NYSE:V and American Express, Inc. NYSE:AXP.