earnings
confidence high
sentiment positive
materiality 0.80
Mastercard Q2 net revenue $5.5B (+21%), adjusted EPS $2.56, cross-border volumes up 58%
Mastercard Inc
2022-Q2 EPS reported
$5.02
revenue$10,664,000,000
- Net revenue $5.5B (+21% reported, +27% currency-neutral); GAAP net income $2.3B, diluted EPS $2.34.
- Adjusted net income $2.5B, adjusted diluted EPS $2.56; adjusted operating margin 57.9% vs 53.2% a year ago.
- Gross dollar volume +14% local currency to $2.1T; cross-border volume +58%; switched transactions +12%.
- Returned $2.9B to shareholders in Q2 ($2.4B buybacks, $477M dividends); $6.7B remaining in share repurchase programs.
- CEO cites robust consumer spending but monitors inflation; Russia suspension continues to impact volumes.