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MasterCard reports Q1 adjusted EPS $2.80, consensus $2.72
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MasterCard reports Q1 adjusted EPS $2.80, consensus $2.72

Reports Q1 revenue $5.7B, consensus $5.64B. Reports gross dollar volume up 15% and purchase volume up 17%, on a local currency basis. "We delivered strong revenue and earnings growth this quarter, reflecting resilient consumer spending and the continued recovery of cross-border travel, " said Michael Miebach, Mastercard CEO. "We are actively managing the business to capitalize on the significant digital payment and services opportunities ahead, and stand ready to navigate through any headwinds. We are making sure people and businesses can use their Mastercard when and where they want, now surpassing 100 million acceptance locations worldwide. As we look to the future, I believe our focused strategy, diversified business model, and our relationships around the globe position us very well."

Published first on TheFly

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