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MasterCard (MA) reported Q4 earnings this morning and announced Non-GAAP EPS of $1.64 and revenue of $4.12B (-6.6% Y/Y). Overall the earnings beat analyst expectations and the stock is up +3.60% today.
All of the card companies have been facing the same problem and that is decease in revenue. The reason is lower revenue from the international transaction front, but investors expect that revenue to eventually come back. Shares of #Mastercard are trading at $326, which is well off from their all time high at $367. Should investors be buying the dip?