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Mastercard’s Strong Q2 2018 Results and Impressive Growth

Raymond Anderson
Mastercard’s Strong Q2 2018 Results and Impressive Growth

Mastercard (MA) released its second-quarter earnings report today. Its EPS came in at $1.66, compared to analysts’ forecast $1.53. The second-quarter EPS also reflect 48% year-over-year or YoY growth on a currency-neutral basis. The company’s competitor (IYF) Visa (V) posted EPS of $1.20 in fiscal Q3 2018. Visa posted YoY growth of 11% on a constant-dollar basis in its payments volume to $2.1 trillion.