MasterCard Inc, Chevron Corporation Beat Earnings Estimates

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MasterCard Inc, Chevron Corporation Beat Earnings Estimates

As of this writing, shares of MasterCard were up 3.77% to $84.45 per share, while shares of Chevron rose as much as 0.97% to $103.40 per share

MasterCard and Chevron released their latest earnings reports before opening bell this morning. MasterCard reported net earnings of 69 cents per share or $801 million, compared to 52 cents last year, on $2.42 billion in revenue, compared to $2.13 billion last year. Analysts had been expecting earnings of 67 cents per share on $2.4 billion in revenue for the quarter.

Chevron posted diluted earnings of $1.85 per share or $3.05 billion, compared to $2.57 or per share or $4.9 billion last year, on $46.1 billion in revenue, compared to $56.2 billion last year. Analysts had been expecting earnings of $1.64 per share on $35.9 billion in revenue.

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