MasterCard (MA) came out with quarterly earnings of $3.89 per share, beating the Zacks Consensus Estimate of $3.73 per share. This compares to earnings of $3.39 per share a year ago.
Mastercard Inc (NYSE:MA) has outdone expectations for the third quarter as “healthy consumer spending” helped drive payment volumes. Revenue increased by 13% to $7.4 billion, while earnings climbed by 15% to $3.89 per share, Mastercard reported on Thursday.
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Mastercard has launched a generative artificial intelligence (AI)-powered digital assistant that is designed to simplify the customer onboarding process. This is the first application developed by Mastercard's new in-house capability for building and deploying knowledge agent tools, the company said in a Tuesday (Oct. 29) press release.
MA's third-quarter results are likely to benefit from improving cross-border and domestic volumes and rising demand for its value-added solutions.
Mastercard launched a new card-based bill-pay solution for merchants, acquirers, payment facilitators and payment service providers. The new Bill Qkr is live and available globally, the company said in a Monday (Oct. 28) press release.
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 September 2024.
Mastercard is expanding its U.S. Installments program to all eligible digital points of sale. This offering will allow merchants, financial service providers, payments processors and digital wallets to present installment offers for consumers to any eligible credit card from participating issuers, the company said in a Friday (Oct. 25) press release.
MasterCard (MA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Mastercard has expanded the availability of Product Express, its platform that helps FinTechs launch card programs and other payment solutions.
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.