Mastercard Lowers Financial Forecast, Signals Slower EPS, Revenue Growth Ahead
Mastercard(MA) Benzinga·2024-11-13 17:26
Mastercard Inc MA adjusted its financial outlook for 2025-2027, projecting slower net revenue growth than anticipated.The new forecast estimates annual net revenue will grow in the “high-end of low-double-digits,” a noticeable deceleration compared to the high-teens growth expected for 2022-2024, Bloomberg reports.The company anticipates a compound annual growth rate (CAGR) in the mid-teens for EPS over the next three years, down from its prior expectation of low-20s growth for 2022-2024.Also Read: Why Is S ...