Mastercard (MA) Estimates and Price Target Cut at Wedbush
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MasterCard Incorporated Reports Fourth-Quarter and Full-Year 2015 Financial Results
January 29, 2016 7:59 AM ESTFourth-quarter net income of $890 million, or $0.79 per diluted share Fourth-quarter net revenue increase of 4%, to $2.5 billion Fourth-quarter gross dollar volume up 12% and purchase volume up 12%
PURCHASE, N.Y.--(BUSINESS WIRE)-- MasterCard Incorporated (NYSE: MA) today announced financial results for the fourth quarter of 2015. The company reported net income of $890 million, an increase of 11%, or 18% after adjusting for currency, and earnings per diluted share of $0.79, up 14%, or 22% when adjusted for currency, versus the year-ago period.... More
