Mastercard's stock dropped 5% on Thursday after reporting third-quarter earnings and a downbeat forecast to end the year. The card company is on pace for its largest one-day percentage decrease since May 2022, according to Dow Jones Market Data.
Mastercard said consumer spending for the month of October was decelerating and posted a weaker-than-expected fourth-quarter forecast. The company reported net revenues of $6.5 billion, up 14% compared to the same timeframe a year ago. Earnings came to $3.39 per share, beating analysts’ expectations of $3.21 as polled by FactSet.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Stock Market News Today: Dow, Nasdaq Slip; Alphabet Stock Price FallsLive updates on what's moving markets, including stocks the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Herkunft: WSJ - 🏆 98. / 63 Weiterlesen »
Stock Market News Today: Dow, Nasdaq Drop; Amazon Earnings in FocusLive updates on what's moving markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Herkunft: WSJ - 🏆 98. / 63 Weiterlesen »
Stock Market News Today: Nasdaq Falls 300 Points; Alphabet Stock Price Falls After EarningsLive updates on what's moving markets, including stocks the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Herkunft: WSJ - 🏆 98. / 63 Weiterlesen »
Stock Market News Today: Dow Opens Higher, Meta Stock Price Falls; Amazon Earnings in FocusLive updates on what's moving markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Herkunft: WSJ - 🏆 98. / 63 Weiterlesen »
Stock Market Today: Dow, S&P 500 Open Lower; Alphabet Stock Price FallsLive updates on what's moving markets, including stocks the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
Herkunft: WSJ - 🏆 98. / 63 Weiterlesen »
Stock Market Today: Dow ends lower on drag from Google, Boeing; yields resume riseStock Market Today: Dow ends lower on drag from Google, Boeing; yields resume rise
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »