earnings
confidence high
sentiment positive
materiality 0.70
Mastercard Q1 net revenue $5.7B (+11%), adjusted EPS $2.80, volume growth 15%
Mastercard Inc
2023-Q1 EPS reported
$2.47
revenue$5,748,000,000
- Net income $2.4B, diluted EPS $2.47; adjusted net income $2.7B, adjusted diluted EPS $2.80.
- Net revenue $5.7B, up 11% reported (14% currency-neutral); gross dollar volume $2.1T, +15% local currency.
- Cross-border volume +35% and switched transactions +12% on a local currency basis.
- Operating expenses +18% (adjusted +10%); effective tax rate 17.2% vs 5.1%, driven by prior-year discrete tax benefit.
- Returned $3.45B to shareholders: $2.9B share buybacks, $545M dividends; $8.7B remaining under repurchase programs.