“(Reuters) – MasterCard Inc said revenue growth in the second half of the year would be lower than its second-quarter levels, which had disappointed investors.
The credit and debit card network’s revenue grew 9 percent in the last quarter, but missed analysts’ estimates as worldwide purchase volume growth slowed to its lowest level in five quarters.
Analysts expect the company to report revenue of $1.94 billion in the third-quarter, up 7 percent from a year ago, according to Thomson Reuters I/B/E/S.”
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