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MasterCard reports Q1 adjusted EPS $3.31, consensus $3.24

Reports Q1 revenue $6.35B, consensus $6.34B. Reports Q1 gross dollar volume up 10% and purchase volume up 11%. “Our momentum continued this quarter, as we delivered strong revenue and earnings growth powered by healthy consumer spending, strong cross-border volume growth of 18% year-over-year, and new deal wins in every region,” said Michael Miebach, CEO of Mastercard. “We are driving growth in electronic payments by scaling innovative technologies like tokenization. That’s why people choose Mastercard – for a simple, seamless and secure way to pay.”

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