Mastercard (MA, Financial) saw its stock rise by more than 4.1%, reaching $571.33. The company reported impressive financial results for the fourth quarter, with revenue hitting $7.49 billion, marking a 14.4% increase compared to the previous year. This figure surpassed analysts' expectations, which were set at $7.39 billion.
Additionally, Mastercard's adjusted earnings per share (EPS) climbed to $3.82, a 20% increase year-over-year, also exceeding the anticipated $3.69. The total transaction volume for the quarter reached $2.6 trillion, up from $2.4 trillion in the same period last year.
