支付公司与日常消费行为紧密相连。无论是购买食品杂货、加油，还是减少非必需品消费，大多数交易 仍通过相同的卡片和平台完成，这帮助维持了交易规模。 当季万事达卡平台处理的总交易金额(Gross Dollar Volume)增长9%，跨境交易额(追踪境外发行的卡片消 费)更是跃升15%，显示出消费者对旅游休闲的持续热情。 其竞争对手Visa本周稍早公布的业绩同样超出市场预期，美国运通也成功超越华尔街预测。 智通财经APP获悉，万事达卡(MA.US)第二季度利润超出华尔街预期，这主要得益于消费者在旅游和休 闲领域的强劲支出。财报显示，该公司净营收同比增长17%至81亿美元，超出79.7亿美元的预期；调整 后每股收益达4.15美元，高于预期的4.03美元。 尽管面临通胀高企、利率压力和关税不确定性等多重挑战，美国旅客和消费者的支出热情迄今仍未减 退，为2025年上半年支付公司和大型银行提供了增长动力。 不过分析师警告称，如果持续高利率和关税导致的物价上涨开始挤压家庭预算，当前的增长势头可能难 以维系——但这一压力尚未显现。 近年来，万事达卡还通过拓展威胁情报和欺诈防护等增值服务实现业务多元化。这些服务收入在本季度 按固 ...

Financial Performance - Mastercard's net revenue increased by 17% to $8.133 billion, or 16% on a currency-neutral basis[3] - Adjusted operating expenses increased by 15% to $3.260 billion, or 14% on a currency-neutral basis[3] - Adjusted operating income increased by 18% to $4.873 billion, or 17% on a currency-neutral basis[3] - Adjusted net income increased by 13% to $3.769 billion, or 12% on a currency-neutral basis[3] - Adjusted diluted EPS increased by 16% to $4.15, or 14% on a currency-neutral basis[3] Volume and Transaction Growth - Worldwide Gross Dollar Volume (GDV) increased by 9% year-over-year[14] - Switched transactions grew by 10% year-over-year[20] - Card growth was 6%, with 3.6 billion Mastercard and Maestro-branded cards issued globally[22] Revenue Drivers - Payment Network net revenue increased 13%, driven by domestic and cross-border transaction and volume growth[26] - Value-added Services and Solutions net revenue increased 22%, with acquisitions contributing approximately 4 ppt to this growth[27] Cross-Border Performance - Cross-border volume increased 15% globally[17]

万事达（MA）二季度净营收为81.3亿美元，预计为79.4亿美元；调整后的 每股收益为4.15美元，预计 为4.02美元。 ...

格隆汇7月31日｜万事达2025年Q2营收81亿美元，去年同期70亿美元。 ...

Earnings Release | Key Second Quarter Non-GAAP Results | 1 | | Increase / (Decrease) | | | --- | --- | --- | --- | --- | | $ in billions, except per share data | | | | Currency | | | Q2 2025 | Q2 2024 | As adjusted | neutral | | Net revenue | $8.1 | $7.0 | 17% | 16% | | Adjusted operating expenses | $3.3 | $2.8 | 15% | 14% | | Adjusted operating margin | 59.9% | 59.4% | 0.5 ppt | 0.5 ppt | | Adjusted effective income tax rate | 20.9% | 17.5% | 3.4 ppt | 3.4 ppt | | Adjusted net income | $3.8 | $3.3 | 13% | ...

Mastercard Incorporated MA will release earnings results for the second quarter before the opening bell on Thursday, July 31. Analysts expect the Purchase, New York-based company to report quarterly earnings at $4.02 per share, up from $3.59 per share in the year-ago period. Mastercard is projected to report quarterly revenue of $7.98 billion, compared to $6.96 billion a year earlier, according to data from Benzinga Pro. Mastercard on July 16 announced it is launching a new set of benefits called The Master ...

Group 1 - The core issue revolves around players protesting against Visa and MasterCard for pressuring platforms like Steam to remove adult games, leading to a massive influx of calls and emails directed at these card organizations [1][2]. - Players have initiated a form of artificial DDoS attack by flooding Visa and MasterCard with communications, demanding the reversal of their policies that led to the removal of adult content from gaming platforms [2][3]. - Despite the players' efforts, customer service representatives at Visa and MasterCard have limited authority to address these concerns, and the protests may not lead to significant changes in policy [3]. Group 2 - The situation has prompted players to share resources on social media platforms, guiding each other on how to effectively communicate their grievances to the card organizations [3]. - There is skepticism regarding the long-term impact of these protests, as traditional financial institutions may overlook such movements over time, but it could lead to more cautious policy changes in the future [3].

Core Insights - Mastercard is expected to report Q2 2025 earnings on July 31, 2025, with an estimated EPS of $4.05 and revenues of $7.99 billion, reflecting year-over-year increases of 12.8% and 14.7% respectively [1][2][8] Financial Performance - The full-year 2025 revenue estimate for Mastercard is $31.96 billion, indicating a 13.5% year-over-year growth, while the EPS estimate is $16.04, suggesting a 9.9% increase [3] - Mastercard has consistently surpassed earnings estimates, achieving an average surprise of 3.7% over the last four quarters [4] Earnings Predictions - The company is projected to experience growth in switched transactions, cross-border volumes, and value-added services, contributing to its Q2 performance [8] - The Gross Dollar Volume (GDV) is expected to rise by 7.4% year-over-year, with domestic operations increasing by nearly 7% and international operations by 6% [9] - Switched transactions are anticipated to grow by 10.4% year-over-year, driven by consumer spending and contactless payment initiatives [10] - Cross-border volumes are expected to increase by 17.1%, with domestic assessments and transaction processing assessments projected to rise by 10.2% and 13.5% respectively [11] Cost and Margin Considerations - Adjusted operating expenses are expected to rise nearly 16% year-over-year, influenced by higher general and administrative costs as well as advertising and marketing expenses [14] - Payments network rebates and incentives are projected to increase by 12.6% year-over-year, which may impact margins despite strong revenue growth [14][13] Stock Performance and Valuation - Mastercard's stock has gained 8% year-to-date, outperforming the industry average of 4.7% [15] - The current forward P/E ratio for Mastercard is 32.33, above its five-year median of 31.74 and the industry average of 22.19 [17] - Competitors Visa and American Express are trading at lower forward P/E ratios of 28.31 and 18.85 respectively, indicating better value [19] Strategic Outlook - Mastercard is enhancing its competitive edge through digital capabilities, merchant engagement, and customer experience improvements [20] - The company is focusing on tokenized transactions and stablecoin infrastructure as part of its innovative strategy [20] - Value-added services are expected to remain a significant growth driver, supported by robust cash flows for dividends and strategic investments [20]

As part of the renewed collaboration, Uber will integrate multiple Mastercard products and services. These include Mastercard Move for real-time payouts, Mastercard One Credential to simplify payment experiences and Mastercard Gateway to streamline collections and support secure business operations. The Uber Pro Card, already available in the United States and Canada, has been renewed in these markets and will expand to new regions such as the United Kingdom. This card allows drivers and couriers to receive ...

Core Insights - The article discusses the investment landscape, focusing on long-term wealth creation through companies with strong profitability and attractive valuations [1][2] Altria Group - Altria Group is highlighted as a potentially undervalued stock despite a 20% rally over the past 12 months, with a current price of $59.59 and a 12-month forecast of $56.75, indicating a downside of 4.76% [4] - The company offers a dividend payout of $4.08 per share, resulting in an annualized yield of 6.9%, which is higher than U.S. inflation rates and Treasury bond yields [5] - Altria generates a return on invested capital (ROIC) of 42.8%, which supports its stock price performance and potential for capital compounding [6] - There has been an 8.1% decline in short interest over the past month, suggesting bearish capitulation among short sellers [7] Mastercard - Mastercard is presented as a strong investment opportunity with a current price of $568.18 and a 12-month price forecast of $612.90, indicating a potential upside of 7.87% [10] - The company boasts a ROIC of 56.6%, contributing to its stability and resilience during market volatility [11] - Analyst Timothy Chiodo from UBS Group has reiterated a Buy rating for Mastercard, setting a valuation target of $670 per share, implying a potential rally of 21% [12] Ulta Beauty - Ulta Beauty is characterized as a resilient business within the consumer discretionary sector, with a current price of $514.95 and a 12-month forecast of $465.04, indicating a downside of 9.69% [14] - The company achieves a ROIC of 26.8% and has seen a 32% rally over the past quarter, leading to a significant reduction in short interest [15] - Analyst Michael Baker from DA Davidson has expressed a bullish outlook for Ulta, with a Buy rating and a valuation target of $550 per share, suggesting an additional return of up to 11% [16]