MasterCard (MA) reported $6.96 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 11%. EPS of $3.59 for the same period compares to $2.89 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $6.85 billion, representing a surprise of +1.67%. The company delivered an EPS surprise of +2.28%, with the consensus EPS estimate being $3.51.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...

jbk_photography Why I am interested in Mastercard Railroads and infrastructure plays fascinate me and this is why, besides my coverage of Class 1 railroads, I am now adding another company to this basket: Mastercard (NYSE:MA). Yes, I consider Mastercard a rail and the company explains its business with words that seem to support my thought: "Mastercard is a technology company in the global payments industry. [...] We operate a multi-rail payments network [...] we offer payment products and services and ...

| --- | --- | |-------------------------------------------------------|-------| | | | | | | | | | | | | | | | | | | | Mastercard | | | Incorporated | | | | | | Second Quarter 2024 Financial Results Conference Call | | | | | | | | | | | | | | | | | | July 31, 2024 | | | | | | | | Business Update Michael Miebach: FINAL Business Highlights Financial Overview ©2024 Mastercard July 31, 2024 2 2nd Quarter Selected Financial Performance Adjusted effective tax rate 17.5% 23.9 % ©2024 Mastercard Thanks, Michael. Tur ...

Mastercard Incorporated (MA) reported second-quarter 2024 adjusted earnings of $3.59 per share, which outpaced the Zacks Consensus Estimate by 2.3%. The bottom line climbed 24.2% year over year.Net revenues of the leading technology company in the global payments industry amounted to $7 billion, which improved 11% year over year in the quarter under review. The top line beat the consensus mark by 1.7%.MA’s strong second-quarter 2024 results benefited from resilient consumer spending and solid cross-border v ...

Mastercard, Inc. (NYSE:MA) Q2 2024 Earnings Conference Call July 31, 2024 9:00 AM ET Company Participants Devin Corr - Head of Investor Relations Michael Miebach - Chief Executive Officer Sachin Mehra - Chief Financial Officer Conference Call Participants Harshita Rawat - Sanford C. Bernstein & Co., LLC Trevor Williams - Jefferies Daniel Perlin - RBC Capital Markets David Togut - Evercore ISI Darrin Peller - Wolfe Research David Koning - Baird Tien-Tsin Huang - JPMorgan Chase & Co. Dan Dolev - Mizuho Andrew ...

Playing a hot hand of new deals and balanced global consumer spending, Mastercard posted double-digit revenue growth for the second quarter, as announced in its earnings call Wednesday (July 31).“The macroeconomic environment remains mixed, and we continue to monitor the positives and negatives,” Mastercard CEO Michael Miebach told the company’s earnings call audience. “Strength in consumer spending continues to be supported by a solid labor market and wage growth. While there are some signs of labor market ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-32877 Mastercard Incorporated (Exact name of registrant as specified in its charter) Delaware 13-4172551 (State or other jurisdiction of in ...

MasterCard (MA) came out with quarterly earnings of $3.59 per share, beating the Zacks Consensus Estimate of $3.51 per share. This compares to earnings of $2.89 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 2.28%. A quarter ago, it was expected that this processor of debit and credit card payments would post earnings of $3.22 per share when it actually produced earnings of $3.31, delivering a surprise of 2.80%. Over the last ...

About this content About Ian Lyall Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive's editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually. Prior to Proactive, Ian helped lead the business outpu ...

Earnings Release Mastercard Incorporated Reports Second Quarter 2024 Financial Results • Second quarter net income of $3.3 billion, and diluted earnings per share (EPS) of $3.50 • Second quarter adjusted net income of $3.3 billion, and adjusted diluted EPS of $3.59 • Second quarter net revenue of $7.0 billion, an increase of 11%, or 13% on a currency-neutral basis • Second quarter gross dollar volume up 9% and purchase volume up 10%, on a local currency basis Purchase, NY - July 31, 2024 - Mastercard Incorp ...