HomeBusinessConsumer Services Industry & Stock NewsV, MA Earnings: What Rising Consumer Debt Means For Credit Card Companies

V, MA Earnings: What Rising Consumer Debt Means For Credit Card Companies

Visa (V) and Mastercard (MA) revenue guide for 2Q will be a key to signal stable or a deteriorating consumer, notes Paul Golding. He discusses how markets are muted to start big week of earnings. He previews V and MA earnings. He talks about what rising consumer debt means for credit card companies. Macquarie has an outperform rating on V with a $270 price target and an outperform rating on MA with a $430 price target. He goes over how V's 2Q earnings estimates are $1.97 adjusted EPS and $7.74B in revenue and MA's estimates are $2.71 adjusted EPS and $5.62B in revenue. Tune in to find out more about the stock market today.

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24 Apr 2023

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