For the quarter ended December 2023, MasterCard (MA - Free Report) reported revenue of $6.55 billion, up 12.6% over the same period last year. EPS came in at $3.18, compared to $2.65 in the year-ago quarter.
The reported revenue represents a surprise of +1.39% over the Zacks Consensus Estimate of $6.46 billion. With the consensus EPS estimate being $3.08, the EPS surprise was +3.25%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how MasterCard performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Switched transactions: 38,058 million compared to the 37,553.45 million average estimate based on four analysts.
- Gross dollar volume - All Mastercard Credit, Charge and Debit Programs - Worldwide: $2,352 billion versus $2,368.11 billion estimated by three analysts on average.
- Gross dollar volume - All Mastercard Credit, Charge and Debit Programs - United States: $727 billion versus the three-analyst average estimate of $738.7 billion.
- Gross dollar volume - All Mastercard Credit, Charge and Debit Programs - Latin America: $208 billion versus the three-analyst average estimate of $197.4 billion.
- Gross dollar volume - All Mastercard Credit, Charge and Debit Programs - Europe: $761 billion versus the three-analyst average estimate of $767.88 billion.
- Gross dollar volume - All Mastercard Credit, Charge and Debit Programs - Canada: $68 billion versus the three-analyst average estimate of $69.77 billion.
- Gross dollar volume - All Mastercard Credit, Charge and Debit Programs - Worldwide less United States: $1,625 billion compared to the $1,629.41 billion average estimate based on three analysts.
- Gross dollar volume - All Mastercard Credit, Charge and Debit Programs - APMEA: $587 billion versus the three-analyst average estimate of $594.36 billion.
- Gross dollar volume - All MasterCard Credit and Charge Programs - United States: $382 billion versus the two-analyst average estimate of $389.63 billion.
- Purchase transactions - All MasterCard Credit, Charge and Debit Programs - Worldwide: 35,089 million compared to the 45,129.16 million average estimate based on two analysts.
- Gross dollar volume - All MasterCard Debit Programs - Worldwide: $1,237 billion versus $1,199.01 billion estimated by two analysts on average.
- Gross dollar volume - All MasterCard Debit Programs - Worldwide less United States: $892 billion compared to the $851.1 billion average estimate based on two analysts.
View all Key Company Metrics for MasterCard here>>>Shares of MasterCard have returned +5.5% over the past month versus the Zacks S&P 500 composite's +3.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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For the quarter ended December 2023, MasterCard (MA - Free Report) reported revenue of $6.55 billion, up 12.6% over the same period last year. EPS came in at $3.18, compared to $2.65 in the year-ago quarter.
The reported revenue represents a surprise of +1.39% over the Zacks Consensus Estimate of $6.46 billion. With the consensus EPS estimate being $3.08, the EPS surprise was +3.25%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how MasterCard performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Switched transactions: 38,058 million compared to the 37,553.45 million average estimate based on four analysts.
- Gross dollar volume - All Mastercard Credit, Charge and Debit Programs - Worldwide: $2,352 billion versus $2,368.11 billion estimated by three analysts on average.
- Gross dollar volume - All Mastercard Credit, Charge and Debit Programs - United States: $727 billion versus the three-analyst average estimate of $738.7 billion.
- Gross dollar volume - All Mastercard Credit, Charge and Debit Programs - Latin America: $208 billion versus the three-analyst average estimate of $197.4 billion.
- Gross dollar volume - All Mastercard Credit, Charge and Debit Programs - Europe: $761 billion versus the three-analyst average estimate of $767.88 billion.
- Gross dollar volume - All Mastercard Credit, Charge and Debit Programs - Canada: $68 billion versus the three-analyst average estimate of $69.77 billion.
- Gross dollar volume - All Mastercard Credit, Charge and Debit Programs - Worldwide less United States: $1,625 billion compared to the $1,629.41 billion average estimate based on three analysts.
- Gross dollar volume - All Mastercard Credit, Charge and Debit Programs - APMEA: $587 billion versus the three-analyst average estimate of $594.36 billion.
- Gross dollar volume - All MasterCard Credit and Charge Programs - United States: $382 billion versus the two-analyst average estimate of $389.63 billion.
- Purchase transactions - All MasterCard Credit, Charge and Debit Programs - Worldwide: 35,089 million compared to the 45,129.16 million average estimate based on two analysts.
- Gross dollar volume - All MasterCard Debit Programs - Worldwide: $1,237 billion versus $1,199.01 billion estimated by two analysts on average.
- Gross dollar volume - All MasterCard Debit Programs - Worldwide less United States: $892 billion compared to the $851.1 billion average estimate based on two analysts.
View all Key Company Metrics for MasterCard here>>>Shares of MasterCard have returned +5.5% over the past month versus the Zacks S&P 500 composite's +3.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Just Released: Zacks Top 10 Stocks for 2024
Hurry – you can still get in early on our 10 top tickers for 2024. Hand-picked by Zacks Director of Research, Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2023, the Zacks Top 10 Stocks gained +974.1%, nearly TRIPLING the S&P 500’s +340.1%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2024. You can still be among the first to see these just-released stocks with enormous potential.
See New Top 10 Stocks >>
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