Mastercard 4Q Revenue Jumps, Fueled by Rise in Cross-Border Transactions
Mastercard earnings rose in the fourth quarter as the company reported a jump in cross-border credit card use. The credit card company reported net income of $3.34 billion, or $3.64 a share, compared with $2.79 billion, or $2.98, during the same period a year ago.
MasterCard: Q4 Earnings Snapshot
The Purchase, New York-based company said it had profit of $3.64 per share. Earnings, adjusted for non-recurring costs, were $3.82 per share. The results surpassed Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $3.68 per share.
Mastercard reported a higher fourth-quarter profit on Thursday as a resilient economy encouraged consumers to ramp up ...
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Reports Q4 revenue $7.49B, consensus $7.38B. Reports Q4 gross dollar volume up 12% and purchase volume up 13%. “We delivered strong results ...
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Mastercard’s net income rose to US$3.34-billion, or US$3.64 per share, in the three months ended Dec. 31, compared with ...
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Mastercard Eyes Record High On Results, Dow Jones Rival Visa On DeckMastercard stock climbed on its Q4 results, revenue guidance. Dow Jones rival Visa, also near highs, reports after the close.
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