MasterCard Stock News

PURCHASE, N.Y.--(BUSINESS WIRE)--Mastercard (NYSE: MA) will webcast the main session of its Investment Community Meeting on November 13, 2024 beginning at 9:00 a.m. ET.

For the payment networks, the continued shift beyond consumer cards has trillions of dollars' worth of B2B transactions firmly in sight.

Mastercard Incorporated (NYSE: MA) surpassed Wall Street's expectations for the third quarter, driven by robust consumer spending and strategic growth in value-added services.

Now that the U.S. economy is going through a potential scenario of inflation sparking up once again, investors might be wary of where to invest their capital accordingly so that inflation doesn't erode their buying power but also wisely enough so that losses don't come their way to add onto the potential inflation risks coming ahead.

Mastercard's third-quarter earnings results demonstrated that consumers are still spending, and sentiment is healthy amid a resilient labor market and the Federal Reserve's September cuts to interest rates. CEO Michael Miebach said on a conference call with analysts: “On Halloween, well, there's nothing spooky here.

Mastercard Incorporated (NYSE:MA ) Q3 2024 Earnings Conference Call October 31, 2024 9:00 AM ET Company Participants Devin Corr - Head of Investor Relations Michael Miebach - Chief Executive Officer Sachin Mehra - Chief Financial Officer Conference Call Participants Sanjay Sakhrani - KBW Tien-tsin Huang - J.P. Morgan Harshita Rawat - Bernstein Rayna Kumar - Oppenheimer Bryan Keane - Deutsche Ba...

Mastercard's earnings showed the company widening the growth spread versus Visa in debit, suggesting the benefits of market-share gains.

Mastercard Inc (NYSE:MA) has outdone expectations for the third quarter as “healthy consumer spending” helped drive payment volumes. Revenue increased by 13% to $7.4 billion, while earnings climbed by 15% to $3.89 per share, Mastercard reported on Thursday.