Mastercard Non-GAAP EPS of $2.68 beats by $0.10, revenue of $5.8B beats by $140M

Oct. 27, 2022 8:03 AM ETMastercard Incorporated (MA)By: Gaurav Batavia, SA News Editor3 Comments
  • Mastercard press release (NYSE:MA): Q3 Non-GAAP EPS of $2.68 beats by $0.10.
  • Revenue of $5.8B (+15.5% Y/Y) beats by $140M.
  • Net revenue increased 15%, or 23% on a currency-neutral basis, which includes a 1 percentage point benefit from acquisitions. Primary drivers of the increase were as follows:
  • Gross dollar volume growth of 11%, on a local currency basis, to $2.1 trillion.
  • Cross-border volume growth of 44% on a local currency basis.
  • Switched transactions growth of 9%.
  • Shares +1.2% PM.

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