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 September 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 ...

Core Insights - MasterCard reported quarterly earnings of $3.89 per share, exceeding the Zacks Consensus Estimate of $3.73 per share, and showing an increase from $3.39 per share a year ago, representing an earnings surprise of 4.29% [1] - The company achieved revenues of $7.37 billion for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 1.60% and up from $6.53 billion year-over-year [2] - MasterCard has consistently surpassed consensus EPS and revenue estimates over the last four quarters [2] Earnings Outlook - The sustainability of MasterCard's stock price movement will largely depend on management's commentary during the earnings call and future earnings expectations [3][4] - The current consensus EPS estimate for the upcoming quarter is $3.68 on revenues of $7.4 billion, and for the current fiscal year, it is $14.33 on revenues of $27.95 billion [7] Industry Context - The Financial Transaction Services industry, to which MasterCard belongs, is currently ranked in the top 32% of over 250 Zacks industries, indicating a favorable outlook for the sector [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact MasterCard's stock performance [5][6]

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and onl ...

| --- | --- | |------------------------------------------------------|-------| | | | | | | | | | | | | | | | | | | | Mastercard | | | Incorporated | | | | | | Third Quarter 2024 Financial Results Conference Call | | | | | | | | | | | | | | | October 31, 2024 | | | | | | | | Business Update Michael Miebach: FINAL Business Highlights Financial Overview October 31, 2024 2 ©2024 Mastercard 3rd Quarter Selected Financial Performance Adjusted effective tax rate 16.3% 15.0 % ©2024 Mastercard Thanks, Michael. Turni ...

Earnings Release Key Third Quarter Non-GAAP Results Increase / (Decrease) 1 Mastercard Incorporated Reports Third Quarter 2024 Financial Results • Third quarter net income of $3.3 billion, and diluted earnings per share (EPS) of $3.53 • Third quarter adjusted net income of $3.6 billion, and adjusted diluted EPS of $3.89 • Third quarter net revenue of $7.4 billion, an increase of 13%, or 14% on a currency-neutral basis • Third quarter gross dollar volume up 10% and purchase volume up 11%, on a local currency ...

Group 1 - Mastercard has launched a generative AI-powered digital assistant aimed at simplifying the customer onboarding process, marking the first application from its new in-house capability developed in collaboration with Databricks [1][2] - The digital assistant features core functionalities such as a chat-based interface, source management, and continuous learning from human feedback, ensuring it operates under Mastercard's AI and data governance standards [2][3] - The onboarding assistant utilizes Mastercard's existing documentation to automate routine tasks and address customer inquiries during the onboarding process [2][3] Group 2 - The AI agent incorporates feedback from subject matter experts to enhance its continuous learning and accuracy, with plans for further applications on the new infrastructure [3] - Mastercard emphasizes that AI is a critical enabler for its mission to power economies and empower people, reflecting a broader trend of companies across various industries deploying AI assistants for diverse tasks [3]

Mastercard Incorporated (MA) is set to report third-quarter 2024 results on Oct. 31, 2024, before the opening bell. The Zacks Consensus Estimate for third-quarter earnings is currently pegged at $3.73 per share, implying solid growth of 10% from the year-ago reported number. The estimate remained stable over the past week.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for third-quarter revenues is currently pegged at almost $7.3 billion, indicating an 1 ...

Mastercard launched a new card-based bill-pay solution for merchants, acquirers, payment facilitators and payment service providers. The new Bill Qkr is live and available globally, the company said in a Monday (Oct. 28) press release. "With Mastercard Bill Qkr, we're bringing our cutting-edge payment technologies together with our longstanding, global approach to collaboration," Jennifer Marriner, executive vice president of global acceptance at Mastercard, said in the release. "This allows us to not only ...

Mastercard is expanding its U.S. Installments program to all eligible digital points of sale. This offering will allow merchants, financial service providers, payments processors and digital wallets to present installment offers for consumers to any eligible credit card from participating issuers, the company said in a Friday (Oct. 25) press release. "Over the past few years, we've seen consumer demand and adoption of installments continue to rise as digital payment options grow across channels," Seema Chib ...

MasterCard (MA) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 31 ...