MasterCard (MA) Tops Q4 EPS by 10c

January 29, 2016 7:59 AM EST
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Price: $356.62 --0%

EPS Growth %: -4.9%

Financial Fact:
Operating income: 1.67B

Today's EPS Names:
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MasterCard (NYSE: MA) reported Q4 EPS of $0.79, $0.10 better than the analyst estimate of $0.69. Revenue for the quarter came in at $2.52 billion versus the consensus estimate of $2.59 billion.

Revenue increased 4 percent versus the same period last year. Net revenue growth was driven by the impact of the following:

  • A 12% increase in gross dollar volume, on a local currency basis, to $1.2 trillion;
  • An increase in processed transactions of 12%, to 13.0 billion; and
  • An increase in cross-border volumes of 12%.

These factors were partially offset by an increase in rebates and incentives, primarily due to new and renewed agreements and increased volumes.

Worldwide purchase volume during the quarter was up 12% on a local currency basis versus the fourth quarter of 2014, to $883 billion. As of December 31, 2015, 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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