BUZZ-Mastercard rises after second-quarter results beat

Reuters
2025/08/01
BUZZ-Mastercard rises after second-quarter results beat

** U.S. card company Mastercard's MA.N shares up ~2.5% at $573.03

** Co reports Q2 adjusted EPS of $4.15, beating estimates of $4.03, according to data compiled by LSEG

** "Consumer spending remains healthy, supported by low unemployment and wage growth that continues to outpace inflation," CEO Michael Miebach said on a post-earnings

** Co's Q2 net revenue jumps 17% to $8.1 bln, also beating expectations of $7.97 bln

** 29 of 39 brokerages rate the stock "buy" or higher, 10 "hold"; their median PT is $625

** Including session's moves, stock up ~9% YTD

(Reporting by Prakhar Srivastava in Bengaluru)

((Prakhar.srivastava2@thomsonreuters.com))

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