MasterCard Misses Fourth Quarter Earnings, Management Comments on Poor Quarter
February 01, 2014 at 16:20 PM EST
On Friday morning, Mastercard (NYSE: MA ) released its fourth quarter results in which its operating EPS of $0.57 missed the consensus by three cents. Revenue of $2.12 billion came in $20 million short of the consensus estimate. MasterCard reported that it saw a 14 percent increase in volume to $1.1