Mastercard Inc. (MA-NYSE, $185.99) Reports for 1st Quarter Ended March 31st, 2018. A Huge Beat on All Measures.

Mastercard generated earnings of $1.41 per share, roughly 13% above median analyst estimates of $1.25 per share and a full 41% above 2017 first quarter results. The company increased spending rates significantly in 2018; the implication is that the groundwork is being paved for potential credit and debit wins as the remainder of the year progresses.

http://s2.q4cdn.com/242125233/files/doc_financials/2018/Q1/MA.03.31.2018-10-Q-as-filed-with-exhibits.pdf

On a related note, MasterCard announced a major debit win in the UK. Santander will switch over to MasterCard branded debit cards starting in 2019.

https://finance.yahoo.com/m/c440397d-5e1b-3c38-917e-72d41cdc4105/%5B%24%24%5D-santander-strikes-debit.html

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