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-0.000747943156320077 -0.000747943156320077 -0.00448765893792068 -0.00448765893792068 -0.00673148840688091 -0.00613313388182493 -0.026178010471204 -0.0281974569932684
Stock impact report

Volume growth impresses at Mastercard [Seeking Alpha]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Seeking Alpha
Mastercard (NYSE: MA ) slides past estimates with its Q2 report. The company reports a 17% increase in transactions to 16.0B and 14% rise in cross-border volume on a local currency basis. Purchase volume was up 9%. Total operating expenses were up 7% during the quarter. Adjusted operating margin fell 110 bps Y/Y to 54.1%. The effective income tax rate for the period declined 20 bps to 27.7%. "Our investments in Fast ACH, B2B payments and advanced security technologies increasingly position us as the one-stop shop for our partners’ electronic payment needs," says CEO Ajay Banga. MA premarket to $133.90. Now read: Is MasterCard's Growth Real? » Show less Read more
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