- Adjusted EPS: $3.59, beating the estimate of $3.52
- EPS: $3.50
- Net Revenue: $6.96 billion, higher than the estimate of $6.86 billion
- Operating Margin: 58%, slightly below the estimate of 58.5%
- Cross-border Volumes: Increased by 17%, surpassing the estimate of 16.4%
- Purchase Volume: $1.97 trillion, missing the estimate of $2.01 trillion
- Purchase Volume Growth: 10%, just below the estimate of 10.3%
- Gross Dollar Volume: $2.40 trillion, below the estimate of $2.46 trillion
- Operating Expenses: $2.93 billion, slightly higher than the estimate of $2.91 billion
- Analyst Recommendations: 43 buys, 5 holds, 0 sells
Mastercard on Smartkarma
Analyst coverage of Mastercard on Smartkarma reveals a positive sentiment towards the company’s performance and growth. Baptista Research highlights Mastercard Inc.’s strong position in the payments sector, driven by revenue and adjusted net income growth in Q1 2024, particularly emphasizing the rapid increase in cross-border volumes. The firm deems Mastercard attractive for investors due to various factors at play.
Meanwhile, MAGELLAN – IN THE KNOW‘s investment in Mastercard has yielded consistent annual returns, with over 20% for more than 14 years. The company is well poised to benefit from the global shift towards cashless payments, leveraging personalization, gig economy trends, and fraud prevention strategies. Alyssa DeMarco from MAGELLAN discusses Mastercard‘s evolution, diversification focus, and global expansion strategy, showcasing positive growth and innovation trends within the company.
A look at Mastercard Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
MasterCard, Inc. is positioned for promising long-term growth according to the Smartkarma Smart Scores analysis. With a strong score of 4 for Growth, the company is expected to excel in expanding its business operations and market presence. This signifies positive prospects for MasterCard in terms of increasing its revenue streams and developing innovative payment solutions to cater to evolving consumer needs.
While MasterCard scores fairly in other areas such as Value, Dividend, Resilience, and Momentum, it’s the notable Growth score that suggests a bright future for the company. As a global payment solutions provider, MasterCard’s strategic focus on driving growth through innovation and technology is likely to drive its success in the competitive financial services industry over the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
