MasterCard: Q4 EPS above expectations
(CercleFinance.com) - MasterCard has reported Q4 2019 adjusted net income that is up 23% at 2 billion dollars, or 1.
96 dollar per share, EPS that beats the consensus by eight cents.
The payment solutions group saw its adjusted operating margin improve by 2.1 points to 54.4%, for revenue that rose by 16% to 4.4 billion dollars (+17% at constant exchange rates).
MasterCard says that this growth is based on a 12% increase in gross dollar volumes and a 16% increase in cross-border volumes, in local currencies.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
96 dollar per share, EPS that beats the consensus by eight cents.
The payment solutions group saw its adjusted operating margin improve by 2.1 points to 54.4%, for revenue that rose by 16% to 4.4 billion dollars (+17% at constant exchange rates).
MasterCard says that this growth is based on a 12% increase in gross dollar volumes and a 16% increase in cross-border volumes, in local currencies.
Copyright (c) 2020 CercleFinance.com. All rights reserved.