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Here's What Key Metrics Tell Us About MasterCard (MA) Q2 Earnings
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For the quarter ended June 2023, MasterCard (MA - Free Report) reported revenue of $6.27 billion, up 14% over the same period last year. EPS came in at $2.89, compared to $2.56 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $6.17 billion, representing a surprise of +1.55%. The company delivered an EPS surprise of +1.76%, with the consensus EPS estimate being $2.84.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
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: 35519 million versus the four-analyst average estimate of 34796.6 million.
Gross dollar volume - All Mastercard Credit, Charge and Debit Programs - APMEA: $572 billion versus the three-analyst average estimate of $578.8 billion.
Gross dollar volume - All Mastercard Credit, Charge and Debit Programs - Worldwide: $2267 billion compared to the $2251.8 billion average estimate based on three analysts.
Gross dollar volume - All Mastercard Credit, Charge and Debit Programs - United States: $717 billion versus the three-analyst average estimate of $717.2 billion.
Gross dollar volume - All Mastercard Credit, Charge and Debit Programs - Worldwide less United States: $1550 billion compared to the $1534.6 billion average estimate based on three analysts.
Gross dollar volume - All Mastercard Credit, Charge and Debit Programs - Latin America: $181 billion compared to the $172.5 billion average estimate based on three analysts.
Gross dollar volume - All Mastercard Credit, Charge and Debit Programs - Europe: $731 billion versus $715.1 billion estimated by three analysts on average.
Gross dollar volume - All Mastercard Credit, Charge and Debit Programs - Canada: $66 billion versus the three-analyst average estimate of $68.2 billion.
Gross dollar volume - All MasterCard Debit Programs - Worldwide: $1188 billion compared to the $1119.7 billion average estimate based on two analysts.
Gross dollar volume - All MasterCard Debit Programs - United States: $345 billion versus the two-analyst average estimate of $352.5 billion.
Gross dollar volume - All MasterCard Debit Programs - Worldwide less United States: $844 billion versus the two-analyst average estimate of $767.3 billion.
Gross dollar volume - All MasterCard Credit and Charge Programs - Worldwide: $1079 billion versus $1106.1 billion estimated by two analysts on average.
Shares of MasterCard have returned +5.8% over the past month versus the Zacks S&P 500 composite's +5.6% 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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Here's What Key Metrics Tell Us About MasterCard (MA) Q2 Earnings
For the quarter ended June 2023, MasterCard (MA - Free Report) reported revenue of $6.27 billion, up 14% over the same period last year. EPS came in at $2.89, compared to $2.56 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $6.17 billion, representing a surprise of +1.55%. The company delivered an EPS surprise of +1.76%, with the consensus EPS estimate being $2.84.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
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: 35519 million versus the four-analyst average estimate of 34796.6 million.
- Gross dollar volume - All Mastercard Credit, Charge and Debit Programs - APMEA: $572 billion versus the three-analyst average estimate of $578.8 billion.
- Gross dollar volume - All Mastercard Credit, Charge and Debit Programs - Worldwide: $2267 billion compared to the $2251.8 billion average estimate based on three analysts.
- Gross dollar volume - All Mastercard Credit, Charge and Debit Programs - United States: $717 billion versus the three-analyst average estimate of $717.2 billion.
- Gross dollar volume - All Mastercard Credit, Charge and Debit Programs - Worldwide less United States: $1550 billion compared to the $1534.6 billion average estimate based on three analysts.
- Gross dollar volume - All Mastercard Credit, Charge and Debit Programs - Latin America: $181 billion compared to the $172.5 billion average estimate based on three analysts.
- Gross dollar volume - All Mastercard Credit, Charge and Debit Programs - Europe: $731 billion versus $715.1 billion estimated by three analysts on average.
- Gross dollar volume - All Mastercard Credit, Charge and Debit Programs - Canada: $66 billion versus the three-analyst average estimate of $68.2 billion.
- Gross dollar volume - All MasterCard Debit Programs - Worldwide: $1188 billion compared to the $1119.7 billion average estimate based on two analysts.
- Gross dollar volume - All MasterCard Debit Programs - United States: $345 billion versus the two-analyst average estimate of $352.5 billion.
- Gross dollar volume - All MasterCard Debit Programs - Worldwide less United States: $844 billion versus the two-analyst average estimate of $767.3 billion.
- Gross dollar volume - All MasterCard Credit and Charge Programs - Worldwide: $1079 billion versus $1106.1 billion estimated by two analysts on average.
View all Key Company Metrics for MasterCard here>>>Shares of MasterCard have returned +5.8% over the past month versus the Zacks S&P 500 composite's +5.6% 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.