Categories AlphaGraphs, Earnings, Finance
MA Earnings: Mastercard Q1 2024 adj. profit rises on higher revenues
Credit card company Mastercard Incorporated (NYSE: MA) reported an increase in revenues and adjusted earnings for the first quarter of 2024.
Net revenue increased 10% year-over-year to $6.3 billion in the March quarter. Currency-neutral revenue growth was 11%.
The positive top-line performance translated into an 18% increase in adjusted earnings to $3.31 per share in Q1 from $2.80 per share in the prior year period. Unadjusted profit was $3.0 billion or $3.22 per share, compared to $2.4 billion or $2.47 per share in the first quarter of 2023.
“Our momentum continued this quarter, as we delivered strong revenue and earnings growth powered by healthy consumer spending, strong cross-border volume growth of 18%1year-over-year, and new deal wins in every region,” said Michael Miebach, CEO of Mastercard.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
