Forbes – 7/29/13: Wall Street is high on MasterCard MA -0.19%, expecting it to report earnings that are up 12% from a year ago when it reports its second quarter earnings on Wednesday, July 31, 2013. The consensus estimate is $6.32 per share, up from earnings of $5.65 per share a year ago. Over the past month, the consensus estimate has risen from $6.31, but it’s below the estimate of $6.36 from three months ago. Analysts are expecting earnings of $25.46 per share for the fiscal year. Revenue is projected to be $2 billion for the quarter, 10% above the year-earlier total of $1.82 billion. For the year, revenue is projected to come in at $8.17 billion.
Click here to read more: http://www.forbes.com/sites/narrativescience/2013/07/29/anticipated-earnings-increase-for-mastercard-ma/

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Source: Paymentspulse