Business Standard

Mastercard Profits

Mastercard profit beats Wall Street estimates on healthy spending trends

The report capped a robust year for the company as hopes of a "soft landing" for the economy and bets of interest rate cuts by the U.S. Federal Reserve encouraged big-ticket purchases and more travel

Mastercard profit beats Wall Street estimates on healthy spending trends
Updated On : 01 Feb 2024 | 12:32 AM IST

Mastercard forecasts weaker revenue growth on economic slowdown fears

"This was a disappointing quarter, in our view, as guidance fell just short of likely elevated expectations," Edward Jones analyst Logan Purk said

Mastercard forecasts weaker revenue growth on economic slowdown fears
Updated On : 26 Oct 2023 | 11:23 PM IST

Mastercard Q2 profit jumps to $2.3 bn on rebound in cross-border spending

Mastercard Inc sailed past market estimates for quarterly profit on Thursday as a surge in cross-border spending sparked by this year's travel boom more than offset higher costs.

Mastercard Q2 profit jumps to $2.3 bn on rebound in cross-border spending
Updated On : 28 Jul 2022 | 8:55 PM IST

Mastercard profit tops estimates as lower costs soften spending hit

Mastercard Inc's quarterly profit beat Wall Street estimates, as lower costs helped dull the blow from fewer people using the payment processor's cards during the Covid-19 pandemic

Mastercard profit tops estimates as lower costs soften spending hit
Updated On : 30 Jul 2020 | 8:50 PM IST

Mastercard says it will meet Dec-end target for data localisation in India

However, says the card payments major, restricting data flows in digital transactions will affect the quality of fraud detection and assessment

Mastercard says it will meet Dec-end target for data localisation in India
Updated On : 17 Oct 2019 | 1:24 AM IST

MasterCard beats estimates with 20% jump in profit

The company's net income rose to $1.18 billion, or $1.10 per share in the quarter

MasterCard beats estimates with 20% jump in profit
Updated On : 28 Jul 2017 | 4:55 AM IST