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

  • Mastercard Q1 2022 earnings infographic
  • Mastercard Q2 2022 earnings infographic

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

TGT Earnings: Key quarterly highlights from Target’s Q1 2024 financial results

Target Corporation (NYSE: TGT) reported its first quarter 2024 earnings results today. Total revenue decreased 3.1% year-over-year to $24.5 billion. Comparable sales declined 3.7%. Net earnings dipped 1% to $942

Important takeaways from AutoZone’s (AZO) Q3 2024 report

Automotive parts retailer AutoZone, Inc. (NYSE: AZO) reported mixed results for the third quarter of 2024, with earnings exceeding the market’s forecast and sales missing. The management is optimistic about

What to look for when Dollar General (DG) reports Q1 2024 earnings results

Shares of Dollar General Corporation (NYSE: DG) rose over 3% on Tuesday. The stock has dropped 31% over the past 12 months. The discount retailer is scheduled to report its first

Add Comment
Viewing Highlight