Faster MasterCard Growth Seen Despite Citi Card Woes
By:
Investors.com
Despite sluggish U.S. card volumes from its biggest bank issuer, MasterCard (MA) is expected to show accelerating revenue and profit growth when it reports Q4 results on Thursday. Earnings are seen rising 20% vs. the prior year to $4.82 a share on revenue of $1.89 billion, up 9%, according to Thomson Reuters. That would snap a four-quarter string of decelerating profit and sales growth. But Nomura Securities analyst Bill Carcache expects MasterCard's U.S.
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