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Jun 30, 2024
Mastercard Q2 2024 Earnings Report
Reported strong financial results for Q2 2024, marked by double-digit growth in net revenue and earnings.
Key Takeaways
Mastercard reported a strong second quarter in 2024, with a net revenue increase of 11% to $7.0 billion and a diluted EPS of $3.50. The company's performance was driven by healthy consumer spending, robust cross-border volume growth, and strong demand for value-added services and solutions.
Net revenue increased by 11%, or 13% on a currency-neutral basis, reaching $7.0 billion.
Diluted earnings per share (EPS) grew by 17% to $3.50.
Adjusted diluted EPS increased by 24% to $3.59.
Cross-border volume growth was strong at 17% on a local currency basis.
Mastercard
Mastercard
Forward Guidance
Mastercard did not provide specific forward guidance in this earnings report.