$MA (+0,35 %) | 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