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 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.

Mastercard stock gained 4.9% to $575.90 in Thursday trading, on track for its largest daily percentage increase since November 2022, according to Dow Jones Market Data. Any close

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

Shares of Mastercard tested all-time highs after the credit-card company handily beat Wall Street targets for fourth-quarter earnings and revenue. Rival Visa rose slightly after it said revenue climbed 10% to $9.51 billion in the fiscal first quarter, reflecting strong holiday-season spending.

CEO Michael Miebach says the card network's business in areas such as debit cards will enable it to compete if the mega merger results in the loss of Capital One's debit business.

Visa's first-quarter profit has beaten Wall Street estimates, as easing concerns about an economic slowdown and discounts encouraged customers to splurge during the Christmas shopping season.

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

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)](

Visa's first-quarter profit beat Wall Street estimates on Thursday, as easing concerns about an economic slowdown and discounts encouraged customers to splurge during the holiday shopping season. Retailers offered deep discounts on everything from apparel to toys and luxury products to lure cost-conscious consumers while online sales remained strong thanks to a boom in mobile shopping.

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

Monness Crespi analyst Gus Gala upgraded MasterCard (MA) to Buy from Neutral with a $640 price target Invest with Confidence: Follow TipRanks'