Jul. 31 at 3:43 PM
$MA beats Q2 estimates, but is the growth sustainable? 🤔
📈 Adjusted earnings up 16% YoY to
$4.15, beating estimates by 2.5%
💳 Net revenues jumped 16.8% YoY, beating estimates by 1.9%, driven by consumer spending on travel & leisure
📉 Watch out for rising operating expenses and incentive costs
Full analysis here 👉 https://www.zacks.com/stock/news/2644785/mastercard-q2-earnings-beat-estimates-on-robust-consumer-spending?cid=sm-stocktwits-2-2644785-body-5071&ADID=SYND_STOCKTWITS_TWEET_2_2644785_BODY_5071