Earnings Preview: What to Expect From Mastercard's Report

Mastercard Incorporated (MA), headquartered in Purchase, New York, is a global payments solutions company. Valued at $419.41 billion by market cap, the company provides an array of services in support of credit, debit, mobile, web-based and contactless payments, and other electronic payment programs for financial institutions and other organizations. It is best known for providing payment solutions and services under the MasterCard, Maestro, and Cirrus name. The payments network provider is expected to announce its fiscal second-quarter earnings for 2024 before the market opens on Wednesday, Jul. 31.

Ahead of the event, analysts expect MA to report a profit of $3.51 per share on a diluted basis, up 21.5% from $2.89 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.