Categories AlphaGraphs, Earnings, Finance
MA Earnings: Mastercard Q3 2022 profit, revenue beat estimates
Mastercard Incorporated (NYSE: MA) reported higher earnings and revenues for the third quarter of 2022. The results also exceeded analysts’ estimates.
Adjusted earnings, excluding special items, climbed to $2.68 per share in the September quarter from $2.37 per share a year earlier and topped analysts’ estimates. Third-quarter unadjusted net income rose to $2.50 billion or $2.58 per share from $2.41 billion or $2.44 per share in the same period of 2021.
At $5.76 billion, net revenues were up 15% year-over-year and well above the consensus forecast. Gross dollar volume increased 11% and purchase volume moved up 15%, on a local currency basis.
Check this space to read management/analysts’ comments on Mastercard’s Q3 2022 results
“We will continue to monitor impacts related to elevated inflation and other macroeconomic and geopolitical risks. Our diversified business model and ability to modulate expenses position us well to navigate through periods of uncertainty while maintaining focus on our strategic objectives,” said Michael Miebach, Mastercard’s CEO.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
AVGO Earnings: Broadcom reports higher Q4 FY25 revenue, profit; results beat
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. The numbers also surpassed analysts' expectations. Adjusted
Lamb Weston (LW) is set to report Q2 2026 earnings next week, here’s what to look for
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) rose over 1% on Thursday. The stock has gained 4% over the past three months. The French fry giant is slated to
