Ackman's Pershing Square Inc. Q2 earnings beat; highlights Mastercard and Visa stakes
Pershing Square Inc. reported a Q2 earnings beat with distributable EPS of $0.14, surpassing estimates, though revenue missed consensus at $54.2M. The firm highlighted new stakes in Visa and Mastercard, alongside investments in Netflix, S&P Global, ICE, and Alcon. Total AUM grew to $32.5B. Management cited a portfolio of dominant companies positioned for strong future returns. Stock rose slightly in after-hours trading.
