Mastercard Surpasses Q2 Estimates as Consumers Keep Spending
1. Mastercard reported Q2 earnings per share of $4.15, beating expectations. 2. Revenue rose 17% year-over-year to $8.13 billion, exceeding forecasts. 3. Gross dollar volume grew 9%; purchase volume increased 10%. 4. Shares rose 1.5% post-results, with a 6% increase this year. 5. Rival Visa also reported strong results and is exploring new tech.