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Mastercard Incorporated Q2 adjusted earnings Beat Estimates

Mastercard Incorporated (MA) released a profit for second quarter that declined from the same period last year.

The company's bottom line totaled $1.42 billion, or $1.41 per share. This compares with $2.05 billion, or $2.00 per share, in last year's second quarter.

Excluding items, Mastercard Incorporated reported adjusted earnings of $1.37 billion or $1.36 per share for the period.

Analysts had expected the company to earn $1.16 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 18.7% to $3.34 billion from $4.11 billion last year.

Mastercard Incorporated earnings at a glance:

-Earnings (Q2): $1.37 Bln. vs. $1.94 Bln. last year.
-EPS (Q2): $1.36 vs. $1.89 last year.
-Analysts Estimate: $1.16
-Revenue (Q2): $3.34 Bln vs. $4.11 Bln last year.

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