earnings
confidence high
sentiment positive
materiality 0.75
Mastercard Q3 net income $3.3B, adj. EPS $3.89; revenue +13%, volume +10%
Mastercard Inc
2024-Q3 EPS reported
$10.25
revenue$20,678,000,000
- GAAP diluted EPS $3.53 ($3.3B net income); adjusted diluted EPS $3.89 ($3.6B) – both up YoY.
- Net revenue $7.4B (+13% YoY, +14% currency-neutral); payment network +10%, value-added services +18% (19% CN).
- Gross dollar volume +10% to $2.5T, cross-border volume +17%, switched transactions +11% on local currency basis.
- Operating expenses +25% GAAP (restructuring charge, litigation provisions); adjusted +12%. Q3 share repurchases of 6.3M shares for $2.9B; $5.6B remaining.