{"id":6602,"date":"2024-02-02T11:51:34","date_gmt":"2024-02-02T03:51:34","guid":{"rendered":"https:\/\/www.umtradings.com\/?p=6582"},"modified":"2024-02-02T09:38:17","modified_gmt":"2024-02-02T09:38:17","slug":"mastercard-earnings-top-estimates-as-spending-remains-strong","status":"publish","type":"post","link":"https:\/\/www.umtradings.com\/th\/mastercard-earnings-top-estimates-as-spending-remains-strong\/","title":{"rendered":"Mastercard Earnings Top Estimates as Spending Remains Strong\u00a0"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">During the final quarter of last year, Mastercard (MA.US) exceeded forecasts, recording a 20% growth in adjusted earnings per share, reaching $3.18, while revenue also experienced a boost of 12.5%, amounting to $6.55 billion. This solid growth for the company is a repetition of the previous quarter. The consistent consumer spending, robust cross-border volumes, a wider payments network, and supplementary services have all contributed to Mastercard&#8217;s success. Nonetheless, operational costs somewhat reduced the positive turn.\u00a0<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/www.umtradings.com\/wp-content\/uploads\/2024\/02\/\u5e02\u5834\u71b1\u9ede-1-2.jpg\" alt=\"\" class=\"wp-image-6583\" style=\"width:690px;height:auto\" \/><\/figure>\n<\/div>\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><em>(Mastercard 4Q23 Earnings)\u00a0<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For 2023, Mastercard reported a healthy profit of $11.2 billion which translates to an earnings per share of $11.83. Their yearly revenue ascended to a whopping $25.1 billion.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Looking forward, Mastercard predicts the net revenue growth for the first quarter of 2024 to reach low double digits, and projects a marginal growth in operating expenses from the year before. For the entire 2024, management expects low double-digit expansion in net revenue from its $25.1 billion mark in 2023. The company expects a moderate single-digit increase in operating costs above the $11.1 billion of 2023. The optimistic forecast mirrors Mastercard&#8217;s positive trajectory, undeterred by potential macroeconomic challenges.\u00a0<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/www.umtradings.com\/wp-content\/uploads\/2024\/02\/\u5e02\u5834\u71b1\u9ede-2-1.jpg\" alt=\"\" class=\"wp-image-6584\" \/><\/figure>\n<\/div>\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><em>(Mastercard Stock Performance Six-month Chart)\u00a0<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Disclaimer&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Comments, news, research, analysis, price, and all information contained in the article only serve as general information for readers and do not suggest any advice. Ultima Markets has taken reasonable measures to provide up-to-date information, but cannot guarantee accuracy, and may modify without notice. Ultima Markets will not be responsible for any loss incurred due to the application of the information provided.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>During the final quarter of last year, Mastercard (MA.US) exceeded forecasts, recording a 20% growth in adjusted earnings per share, reaching $3.18, while revenue also experienced a boost of 12.5%, amounting to $6.55 billion. This solid growth for the company is a repetition of the previous quarter. The consistent consumer spending, robust cross-border volumes, a [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":6631,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2,3],"tags":[218,219],"class_list":["post-6602","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market_news","category-latest","tag-ma-us","tag-mastercard"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.umtradings.com\/th\/wp-json\/wp\/v2\/posts\/6602","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.umtradings.com\/th\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.umtradings.com\/th\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.umtradings.com\/th\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.umtradings.com\/th\/wp-json\/wp\/v2\/comments?post=6602"}],"version-history":[{"count":0,"href":"https:\/\/www.umtradings.com\/th\/wp-json\/wp\/v2\/posts\/6602\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.umtradings.com\/th\/wp-json\/wp\/v2\/media\/6631"}],"wp:attachment":[{"href":"https:\/\/www.umtradings.com\/th\/wp-json\/wp\/v2\/media?parent=6602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.umtradings.com\/th\/wp-json\/wp\/v2\/categories?post=6602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.umtradings.com\/th\/wp-json\/wp\/v2\/tags?post=6602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}