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 ...

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 ...