MasterCard: EPS up 24% in Q2

(CercleFinance.com) - MasterCard reports adjusted net income up 22% to $3.
3bn for Q2 2024, or $3.59 per share (+24%), with adjusted operating margin improving by 0.7 point to 59.4%.

The payment solutions provider's net revenues rose 11% to $7bn (+13% excluding currency effects), with an 18% jump in revenues from value-added services and solutions in particular.

More broadly, CEO Michael Miebach points out that this double-digit growth was also driven by continued strong consumer spending, as well as robust 17% growth in cross-border volumes.


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