by winston » Sun Feb 02, 2025 10:18 pm
not vested
Mastercard Inc reported a better-than-expected quarterly profit, as robust consumer spending helped drive higher transaction volumes.
Mastercard expects adjusted net revenue growth in the low-double-digits for both the first quarter and full-year 2025.
The company posted fourth-quarter earnings per share of US$3.82, beating estimates of US$3.70.
Revenue came in at US$7.5 billion, slightly above the consensus estimate of US$7.4 billion.
"We delivered strong results this quarter with net revenue growth of 14% year-over-year, or 16% on a currency-neutral basis,” said Mastercard CEO Michael Miebach.
Source: Phillips
It's all about "how much you made when you were right" & "how little you lost when you were wrong"