UPDATE: MasterCard (MA) Tops Q4 EPS by 2c

MasterCard (NYSE: MA) reported Q4 EPS of $1.55, $0.02 better than the analyst estimate of $1.53. Revenue for the quarter came in at $3.8 billion versus the consensus estimate of $3.81 billion.

• Fourth-quarter net income of $0.9 billion, or $0.87 per diluted share
• Fourth-quarter adjusted net income of $1.6 billion, or $1.55 per adjusted diluted share
• Fourth-quarter net revenue of $3.8 billion, or an increase of 15%
• Fourth-quarter gross dollar volume up 14% and purchase volume up 15%

Objectives:

MasterCard targets 2019-2021 net revenue CAGR in low teens, operating margin % of minimum 50%, and EPS CAGR % in high teens.

For earnings history and earnings-related data on MasterCard (MA) click here.

You May Also Be Interested In

• Citrini flags overheating concerns as leverage, chip rally weigh on KOSPI
• B.C. households cutting back on groceries and essentials as cost-of-living crisis worsens: new survey
• Goldman "broadly" raises estimates for LTL and truckload stocks