$MA (+0,67ย %) | Mastercard Q3'24 Earnings Highlights:
๐น Adjusted EPS: $3.89 (Est. $3.73) ๐ข; UP +15% YoY
๐น Revenue: $7.4B (Est. $7.27B) ๐ข; UP +13% YoY
๐น Purchase Volume: $2.06T (Est. $2.05T) ๐ข; UP +11% YoY
๐น Cross-Border Volume: UP +17% (Est. +16.2%) ๐ข
Key Metrics:
๐ธ Gross Dollar Volume: UP +10% YoY
๐ธ Switched Transactions: UP +11% YoY
๐ธ Adjusted Operating Margin: 59.3%; UP +0.5pp YoY
CEO Michael Miebach's Commentary:
๐ธ "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:
๐ธ Share repurchases: 6.3M shares at $2.9B
๐ธ Dividends: $611M