MasterCard Inc. (MA) posted higher net income of $766 million, or $6.23 per share for the first quarter of 2013, compared with the year-ago quarter's $682 million, or $5.36 per share. On average, 32 analysts polled by Thomson Reuters expected earnings per share of $6.17 for the quarter. Analysts' estimates typically exclude one-time items.
Quarterly net revenue totaled $1.91 billion, an 8% increase versus $1.76 billion in the same period in 2012. Analysts estimated revenues of $1.93 billion for the quarter. Adjusted for currency, net revenue went up by 9%.
The company attributed the net revenue growth to a 12% rise in gross dollar volume, on a local currency basis, to $947 billion; an increase in cross-border volumes of 16%; and a growth in processed transactions of 12%. These factors were partially offset by an increase in rebates and incentives, chiefly due to increased volumes and new and renewed deals.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.