earnings
confidence high
sentiment positive
materiality 0.70
Mastercard Q1 net revenue $6.3B (+11% CC), adj EPS $3.31 (+19% CC), GDV +10%, cross-border +18%
Mastercard Inc
2024-Q1 EPS reported
$3.22
revenue$6,348,000,000
- GAAP net income $3.0B, diluted EPS $3.22; adjusted net income $3.1B, adjusted EPS $3.31.
- Net revenue $6.3B, up 10% reported and 11% currency-neutral; operating margin 56.8% (GAAP) and 58.8% (adjusted).
- Gross dollar volume +10% (local currency) to $2.3 trillion; cross-border volume +18%; switched transactions +13%.
- Repurchased 4.4M shares for $2.0B in Q1; paid $616M in dividends; $11.3B remaining under buyback programs.
- Value-added services revenue +16% (reported), driven by consulting, marketing, loyalty, and fraud/security solutions.