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

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MasterCard Incorporated Reports First-Quarter 2016 Financial Results

April 28, 2016 7:58 AM EDT

First-quarter net income of $959 million, or $0.86 per diluted share First-quarter net revenue increase of 10%, to $2.4 billion First-quarter gross dollar volume up 13% and purchase volume up 12%

PURCHASE, N.Y.--(BUSINESS WIRE)-- MasterCard Incorporated (NYSE: MA) today announced financial results for the first quarter of 2016. The company reported net income of $959 million, a decrease of 6%, or 2% on a currency-neutral basis, and earnings per diluted share of $0.86, down 3%, or up 1% on a currency-neutral basis, versus the... More