Mastercard stock climbed on its Q4 results, revenue guidance. Dow Jones rival Visa, also near highs, reports after the close.
The credit-card company easily beats quarterly estimates for earnings and revenue.
Mastercard reported a higher fourth-quarter profit on Thursday as a resilient economy encouraged consumers to ramp up spending in the holiday season.
Mastercard, BMO and Porter Airlines have launched a rewards program for Canadian travelers. The new BMO VIPorter Mastercard suite is set to roll out to Canadians in spring 2025, the companies announced Wednesday (Jan. 30).
Besides Wall Street's top -and-bottom-line estimates for MasterCard (MA), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
MA's fourth-quarter earnings are likely to have benefited from growing GDV and switched transactions.
Mastercard is expected to report solid Q4 revenue growth of 13-14%, driven by strong cross-border volumes and resilient e-commerce, despite FX headwinds. Profitability may contract due to rising operating expenses, particularly in Rebates & Incentives, which could weigh on margins amid competitive pressures. FY25 guidance appears conservative, potentially setting the stage for outperformance, with VASS segment growth acting as a hedge against cyclical risks.
Just a few weeks ago, Mastercard upped its dividend for the 13th consecutive year. Mastercard has the necessary catalysts to deliver mid-teens annual adjusted diluted EPS growth. The payment processor's interest coverage ratio through the first nine months of 2024 clocked in at above 50.
MasterCard (MA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The latest trading day saw MasterCard (MA) settling at $528.06, representing a +0.64% change from its previous close.
Cairo Amman Bank will leverage Mastercard Move's money movement capabilities to facilitate the movement of funds from Jordan to 37 countries. The bank will also incorporate Mastercard value-added services like fraud analytics and risk control, the companies said in a Thursday (Jan. 16) press release.
MasterCard (MA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.