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Wall Street's Insights Into Key Metrics Ahead of MasterCard (MA) Q3 Earnings
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Analysts on Wall Street project that MasterCard (MA - Free Report) will announce quarterly earnings of $5.14 per share in its forthcoming report, representing an increase of 17.4% year over year. Revenues are projected to reach $9.63 billion, increasing 12% from the same quarter last year.
The current level reflects an upward revision of 0.1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
In light of this perspective, let's dive into the average estimates of certain MasterCard metrics that are commonly tracked and forecasted by Wall Street analysts.
Analysts expect 'Net revenue by category- Payment network' to come in at $5.61 billion. The estimate indicates a year-over-year change of +8.2%.
According to the collective judgment of analysts, 'Net revenue by category- Value-added services and solutions' should come in at $4.04 billion. The estimate points to a change of +18.1% from the year-ago quarter.
It is projected by analysts that the 'Revenue- Transaction processing assessments' will reach $4.64 billion. The estimate points to a change of +10.6% from the year-ago quarter.
Based on the collective assessment of analysts, 'Revenue- Domestic assessments' should arrive at $3.15 billion. The estimate points to a change of +12.3% from the year-ago quarter.
Analysts predict that the 'Switched transactions' will reach 49.84 billion. The estimate compares to the year-ago value of 45.37 billion.
The combined assessment of analysts suggests that 'Purchase volume - All MasterCard Credit, Charge and Debit Programs - Worldwide' will likely reach $2492.87 billion. The estimate is in contrast to the year-ago figure of $2280.00 billion.
The consensus among analysts is that 'Purchase volume - All MasterCard Credit, Charge and Debit Programs - APMEA' will reach $531.71 billion. Compared to the present estimate, the company reported $484.00 billion in the same quarter last year.
Analysts forecast 'Purchase volume - All MasterCard Credit, Charge and Debit Programs - Canada' to reach $73.74 billion. Compared to the current estimate, the company reported $69.00 billion in the same quarter of the previous year.
The consensus estimate for 'Purchase volume - All MasterCard Credit, Charge and Debit Programs - Latin America' stands at $200.84 billion. Compared to the present estimate, the company reported $169.00 billion in the same quarter last year.
Analysts' assessment points toward 'Purchase volume - All MasterCard Credit, Charge and Debit Programs - Europe' reaching $881.81 billion. The estimate compares to the year-ago value of $806.00 billion.
The collective assessment of analysts points to an estimated 'Purchase volume - All MasterCard Credit, Charge and Debit Programs - United States' of $794.22 billion. The estimate compares to the year-ago value of $752.00 billion.
The average prediction of analysts places 'Gross dollar volume - All Mastercard Credit, Charge and Debit Programs - Worldwide' at $3011.99 billion. Compared to the current estimate, the company reported $2747.00 billion in the same quarter of the previous year.
Shares of MasterCard have experienced a change of +9.9% in the past month compared to the -1.2% move of the Zacks S&P 500 composite. With a Zacks Rank #2 (Buy), MA is expected to outperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Wall Street's Insights Into Key Metrics Ahead of MasterCard (MA) Q3 Earnings
Analysts on Wall Street project that MasterCard (MA - Free Report) will announce quarterly earnings of $5.14 per share in its forthcoming report, representing an increase of 17.4% year over year. Revenues are projected to reach $9.63 billion, increasing 12% from the same quarter last year.
The current level reflects an upward revision of 0.1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
In light of this perspective, let's dive into the average estimates of certain MasterCard metrics that are commonly tracked and forecasted by Wall Street analysts.
Analysts expect 'Net revenue by category- Payment network' to come in at $5.61 billion. The estimate indicates a year-over-year change of +8.2%.
According to the collective judgment of analysts, 'Net revenue by category- Value-added services and solutions' should come in at $4.04 billion. The estimate points to a change of +18.1% from the year-ago quarter.
It is projected by analysts that the 'Revenue- Transaction processing assessments' will reach $4.64 billion. The estimate points to a change of +10.6% from the year-ago quarter.
Based on the collective assessment of analysts, 'Revenue- Domestic assessments' should arrive at $3.15 billion. The estimate points to a change of +12.3% from the year-ago quarter.
Analysts predict that the 'Switched transactions' will reach 49.84 billion. The estimate compares to the year-ago value of 45.37 billion.
The combined assessment of analysts suggests that 'Purchase volume - All MasterCard Credit, Charge and Debit Programs - Worldwide' will likely reach $2492.87 billion. The estimate is in contrast to the year-ago figure of $2280.00 billion.
The consensus among analysts is that 'Purchase volume - All MasterCard Credit, Charge and Debit Programs - APMEA' will reach $531.71 billion. Compared to the present estimate, the company reported $484.00 billion in the same quarter last year.
Analysts forecast 'Purchase volume - All MasterCard Credit, Charge and Debit Programs - Canada' to reach $73.74 billion. Compared to the current estimate, the company reported $69.00 billion in the same quarter of the previous year.
The consensus estimate for 'Purchase volume - All MasterCard Credit, Charge and Debit Programs - Latin America' stands at $200.84 billion. Compared to the present estimate, the company reported $169.00 billion in the same quarter last year.
Analysts' assessment points toward 'Purchase volume - All MasterCard Credit, Charge and Debit Programs - Europe' reaching $881.81 billion. The estimate compares to the year-ago value of $806.00 billion.
The collective assessment of analysts points to an estimated 'Purchase volume - All MasterCard Credit, Charge and Debit Programs - United States' of $794.22 billion. The estimate compares to the year-ago value of $752.00 billion.
The average prediction of analysts places 'Gross dollar volume - All Mastercard Credit, Charge and Debit Programs - Worldwide' at $3011.99 billion. Compared to the current estimate, the company reported $2747.00 billion in the same quarter of the previous year.
View all Key Company Metrics for MasterCard here>>>Shares of MasterCard have experienced a change of +9.9% in the past month compared to the -1.2% move of the Zacks S&P 500 composite. With a Zacks Rank #2 (Buy), MA is expected to outperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .