MasterCard Sticks To Neutral
Recently, we reiterated our Neutral recommendation on MasterCard Inc. (NYSE:MA) based on its accelerated growth momentum, risk-free balance sheet and competitive advantage, which are partially offset by higher acquisition and operating expenses. The company’s first-quarter 2012 operating earnings per share of $5.36 modestly surpassed the Zacks Consensus Estimate of $5.30 and also outpaced the year-ago [...]
Recently, we reiterated our Neutral recommendation on MasterCard Inc. (NYSE:MA) based on its accelerated growth momentum, risk-free balance sheet and competitive advantage, which are partially offset by higher acquisition and operating expenses.
The company’s first-quarter 2012 operating earnings per share of $5.36 modestly surpassed the Zacks Consensus Estimate of $5.30 and also outpaced the year-ago quarter’s earnings of $4.29 per share. Net income for the reported quarter stood at $682 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards