$MA (+0.05%) | Mastercard Q3'24 Earnings Highlights:

🔹 Adjusted EPS: $3.89 (Est. $3.73) 🟢; UP +15% YoY

🔹 Revenue: $7.4B (Est. $7.27B) 🟢; UP +13% YoY

🔹 Purchase Volume: $2.06T (Est. $2.05T) 🟢; UP +11% YoY

🔹 Cross-Border Volume: UP +17% (Est. +16.2%) 🟢

Key Metrics:

🔸 Gross Dollar Volume: UP +10% YoY

🔸 Switched Transactions: UP +11% YoY

🔸 Adjusted Operating Margin: 59.3%; UP +0.5pp YoY

CEO Michael Miebach's Commentary:

🔸 "Strong Q3 results reflect robust consumer spending and demand for value-added services. We're focused on growth through AI-driven security enhancements and expanding market reach with acquisitions like Recorded Future and Minna Technologies."

Capital Returns:

🔸 Share repurchases: 6.3M shares at $2.9B

🔸 Dividends: $611M