MasterCard reports Q2 adjusted EPS $3.59, consensus $3.51

Reports Q2 revenue $6.96B, consensus $6.85B. Reports Q2 gross dollar volume up 9% and purchase volume up 10%. The company said, “We delivered another strong quarter across all aspects of our business with double-digit net revenue and earnings growth,” said Michael Miebach, Mastercard CEO. “This was supported by continued healthy consumer spending, robust cross-border volume growth of 17%(1), and demand for our value-added services and solutions where net revenue increased 18%, or 19% on a currency-neutral basis. These results reflect how payments and services enable each other to create differentiated value for our customers and help us realize even more of the shift to digital.”