MasterCard (MA) Tops Q1 EPS by 1c; Purchase Volume Rose 12%

April 28, 2016 7:58 AM EDT

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MasterCard (NYSE: MA) reported Q1 EPS of $0.86, $0.01 better than the analyst estimate of $0.85. Revenue for the quarter came in at $2.45 billion versus the consensus estimate of $2.38 billion.

Worldwide purchase volume during the quarter was up 12% on a local currency basis versus the first quarter of 2015, to $838 billion. As of March 31, 2016, the company’s customers had issued 2.3 billion MasterCard and Maestro-branded cards.

For earnings history and earnings-related data on MasterCard (MA) click here.

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