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MA / Mastercard rings up 2Q earnings beat on resilient consumer spending

Mastercard rings up 2Q earnings beat on resilient consumer spending
Mastercard Inc (NYSE:MA) shares moved higher on Thursday after the electronic payments giant posted a second-quarter earnings beat driven by resilient consumer spending despite continued high inflation and rising interest rates. The New York-based company posted an adjusted profit of $2.7 billion or earnings per share of $2.89, above the consensus analyst expectation of $2.84, per Zacks Consensus Estimate. Read More
Posted: Jul 27 2023, 09:28
Author Name: Proactive Investors
Views: 080673

MA News  

Beat the Nasdaq? This Dividend Stock Has Actually Done It

By The Motley Fool
November 4, 2023

Beat the Nasdaq? This Dividend Stock Has Actually Done It

Mastercard is a leading payments network company. The business is jaw-droppingly lucrative. more_horizontal

By The Motley Fool
November 3, 2023

"Reduce Excessive Credit Card Fees": Why Visa and Mastercard Investors Should Keep an Eye on Congress

Members of Congress have reintroduced the Credit Card Competition Act, which aims to increase competition among credit card processors. Proponents say more_horizontal

Agoda and Mastercard Strengthen Partnership on Travel Industry B2B Payments

By PYMNTS
October 30, 2023

Agoda and Mastercard Strengthen Partnership on Travel Industry B2B Payments

Singapore-based digital travel platform Agoda has reportedly expanded its partnership with Mastercard to enhance B2B payments within the travel an more_horizontal

WEX vs. MA: Which Stock Is the Better Value Option?

By Zacks Investment Research
October 30, 2023

WEX vs. MA: Which Stock Is the Better Value Option?

Investors interested in stocks from the Financial Transaction Services sector have probably already heard of Wex (WEX) and MasterCard (MA). But which more_horizontal

Mastercard's 3Q results marred by slowing October growth

By Proactive Investors
October 26, 2023

Mastercard's 3Q results marred by slowing October growth

Mastercard Inc (NYSE:MA) shares tumbled Thursday after the company reported third-quarter results and acknowledged a sequential growth slowdown in Oct more_horizontal

Here's What Key Metrics Tell Us About MasterCard (MA) Q3 Earnings

By Zacks Investment Research
October 26, 2023

Here's What Key Metrics Tell Us About MasterCard (MA) Q3 Earnings

Although the revenue and EPS for MasterCard (MA) give a sense of how its business performed in the quarter ended September 2023, it might be worth con more_horizontal

Mastercard (MA) Q3 Earnings Top on Strong Cross-Border Volumes

By Zacks Investment Research
October 26, 2023

Mastercard (MA) Q3 Earnings Top on Strong Cross-Border Volumes

Mastercard's (MA) Q3 results benefited on improved gross dollar volume and a well-performing cyber and intelligence solutions suite, partly offset by more_horizontal

MasterCard (MA) Q3 Earnings and Revenues Top Estimates

By Zacks Investment Research
October 26, 2023

MasterCard (MA) Q3 Earnings and Revenues Top Estimates

MasterCard (MA) came out with quarterly earnings of $3.39 per share, beating the Zacks Consensus Estimate of $3.21 per share. This compares to earning more_horizontal


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