Mastercard Q1 Adjusted Earnings, Net Revenue Rise

Mastercard (MA) reported Q1 adjusted earnings Wednesday of $3.31 per diluted share, up from $2.80 a year earlier.

Analysts polled by Capital IQ expected $3.24.

Net revenue for the quarter ended March 31 was $6.35 billion, up from $5.75 billion a year earlier.

Analysts surveyed by Capital IQ expected $6.34 billion.

Mastercard shares were down 4% in recent premarket activity.

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