Mastercard (MA) Q2 Earnings Beat on Strong Cross-Border Volumes

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 ...