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 ...

Mastercard has expanded the availability of Product Express, its platform that helps FinTechs launch card programs and other payment solutions.Formerly known as Fintech Express, Product Express was introduced in some Latin American markets earlier this year and is now available in Africa, the Middle East, Europe, North America and more markets in Latin America, the company said in a Thursday (Oct. 24) press release.“By creating a better experience for all parties, we foster innovation and reduce time to mar ...

The U.S. Business Services space has been benefiting from the strong fundamentals of the economy. Despite facing a record-high interest rate, an elevated inflation rate and extremely tight monetary control by the Fed, this sector has performed well in the past three months. The Zacks defined Business Services sector has gathered momentum over the past three months and is currently within the top 32% of the Zacks Sector Rank. Since the Business Services sector is ranked in the top half of the Zacks Ranked Se ...

Mastercard Inc. (NYSE: MA ) has delivered a banner year for investors with shares up 21% thus far in 2024 and currently trading at a record high. The payments giant is benefiting from a resilient global economic backdrop, powering steady Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compens ...

Vladimir Dimitrov, CFA is a former strategy consultant within the field of brand and intangible assets valuation. During his career in the City of London he has been working with some of the largest global brands within the technology, telecom and banking sectors.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. ...

I aim to invest in companies with perfect qualitative attributes, buy them at an attractive price based on fundamentals, and hold them forever. I hope to publish articles covering such companies approximately 3 times per week, with extensive quarterly follow-ups and constant updates.I manage a concentrated portfolio targeted at avoiding losers and maximizing exposure to big winners. This means that often I'll rate great companies at a 'Hold' because their growth opportunity is below my threshold, or their d ...

In the latest market close, MasterCard (MA) reached $506.66, with a +0.88% movement compared to the previous day. The stock outpaced the S&P 500's daily gain of 0.77%. Elsewhere, the Dow saw an upswing of 0.47%, while the tech-heavy Nasdaq appreciated by 0.87%.The processor of debit and credit card payments's stock has climbed by 1.8% in the past month, falling short of the Business Services sector's gain of 3.7% and the S&P 500's gain of 4.87%.The investment community will be closely monitoring the perform ...

Group 1 - MasterCard (MA) is a strong performer in the Business Services sector, currently holding a Zacks Rank of 2 (Buy) [1] - Year-to-date, MasterCard has gained approximately 17.8%, outperforming the Business Services sector average return of 16.1% [2] - The Financial Transaction Services industry, which includes MasterCard, has seen an average gain of 11.6% this year, indicating MasterCard's superior performance within its industry [3] Group 2 - INTERTEK GP (IKTSY) is another strong performer in the Business Services sector, with a year-to-date return of 19.4% and a Zacks Rank of 2 (Buy) [2][3] - The Business - Information Services industry, to which INTERTEK GP belongs, is currently ranked 14 and has gained 16.5% this year [3]

Mastercard Incorporated (MA) recently announced the launch of real-time card payments in South Africa in partnership with ACI Worldwide. This initiative will allow South African merchants to receive faster payouts and empower businesses with better cash flow management and more visibility over their funds. By enabling real-time payments, Mastercard enhances the velocity of money, driving growth and innovation in the South African economy.This move bodes well for Mastercard as it aligns with the South Africa ...

Citi and Mastercard have teamed up to enable cross-border payments to Mastercard debit cards.The companies are launching this capability in 14 receiving markets across Europe, Asia, Africa, Latin America and U.S. domestic transfers, and plan to expand it further in the future, they said in a Thursday (Oct. 10) press release.“This collaboration builds on our longstanding relationship with Mastercard and leverages the strength of our global proprietary network combined with other leading digital wallet and ca ...