Fourth Quarter And Full Year 2021 Earnings Announcement

Mastercard's Latest Financial Results and Stock Performance

Fourth-Quarter and Full-Year 2021 Earnings Announcement

Mastercard Incorporated (MA) released its financial results for the fourth quarter and full year of 2021 on January 27, 2022. The company reported strong growth in both revenue and earnings, driven by increased consumer spending and the continued adoption of digital payments.

Key Financial Highlights:

• Net revenue grew 24% year-over-year to $19.1 billion.
• Net income increased 35% to $7.2 billion.
• Diluted earnings per share (EPS) rose 37% to $12.08.

Stock Performance and Analyst Ratings

Following the earnings announcement, Mastercard's stock price increased by approximately 2% in pre-market trading. Analysts have maintained a positive outlook for the company, citing its strong financial performance and leadership in the digital payments market.

Analyst Ratings:

• Goldman Sachs: Buy rating with a price target of $400.
• JPMorgan Chase: Overweight rating with a price target of $395.
• Bank of America: Neutral rating with a price target of $380.

Latest News and Developments

Mastercard continues to make strategic investments in its business, including:

• Expanding its digital wallet capabilities through acquisitions and partnerships.
• Investing in cybersecurity and fraud prevention technologies.
• Developing new products and services to meet the evolving needs of consumers and businesses.

Conclusion

Mastercard's strong financial performance and positive analyst ratings indicate that the company is well-positioned for continued growth in the future. Investors should monitor the company's progress on its strategic initiatives as it navigate the evolving landscape of the digital payments market.