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From April to June, Mastercard reported a net profit of $3.7 billion compared to $3.26 billion during the same period last year. Earnings per share rose to $4.07, up from $3.50.
Earnings, excluding one-off items, reached $4.15 per share, surpassing the consensus estimate of $4.03 per share from analysts polled by FactSet.
Mastercard's revenue for the quarter was $8.13 billion, up from $6.96 billion the previous year. Experts projected that this figure would be, on average, $7.93 billion.
The overall amount of payments made with Mastercard cards globally in the previous quarter rose by 9%, reaching $2.6 trillion, while the volume of international transactions grew by 15%.
In the second quarter, the firm repurchased 4.2 million shares for a combined total of $2.3 billion and distributed $691 million in dividendsю
source: bloomberg.com
Earnings, excluding one-off items, reached $4.15 per share, surpassing the consensus estimate of $4.03 per share from analysts polled by FactSet.
Mastercard's revenue for the quarter was $8.13 billion, up from $6.96 billion the previous year. Experts projected that this figure would be, on average, $7.93 billion.
The overall amount of payments made with Mastercard cards globally in the previous quarter rose by 9%, reaching $2.6 trillion, while the volume of international transactions grew by 15%.
In the second quarter, the firm repurchased 4.2 million shares for a combined total of $2.3 billion and distributed $691 million in dividendsю
source: bloomberg.com
