# Mastercard Q2 2023 Earnings Preview: What Investors Need to Know Before Market Open
Discover what to expect as payment giant Mastercard (MA) prepares to release its Q2 2023 earnings report before the opening bell. With shares trading near $568, analysts anticipate impressive results with projected EPS of $4.02 (up from $3.59 year-over-year) and revenue approaching $8 billion. This episode breaks down recent analyst upgrades from UBS and Jefferies, with consensus price targets averaging $612.90, and examines Mastercard's strategic initiatives including the new "Mastercard Collection" lifestyle benefits suite. We'll also cover the company's recent legal victory in a merchant fee lawsuit while exploring ongoing regulatory challenges in the UK and European markets. Learn why Mastercard's forward P/E ratio of nearly 40 reflects strong market confidence despite trading at premium valuations.
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