Will Mastercard Stock Beat Consensus In Q1?

Will Mastercard Stock Beat Consensus In Q1?

Share to Linkedin Mastercard (NYSE: MA) is scheduled to report its fiscal Q1 2021 results on Thursday, April 29. We expect Mastercard MA to beat the consensus estimates for revenues and earnings. MA, the second-largest global payment solutions company in the world, reported better than expected results in the last quarter, however, its revenues and profit figures slipped on a year-on-year basis. Its full-year 2020 revenues declined by 9% y-o-y, primarily driven by lower cross-border volumes, which suffered due to the Covid-19 related travel restrictions and quarantine requirements, and higher rebates & incentives. We expect the same trend to drive the first-quarter FY2021 results as well. Our forecast indicates that Mastercard's valuation is $363 per share, which is 6% below the current market price of around $387. Look at our interactive dashboard analysis on Mastercard's pre-earnings: What To Expect in Q1? for more details. (1) Revenues expected to beat the consensus estimates in Q1 The cross-border volume revenue is directly related to the global travel restrictions. While the Covid-19 related travel restrictions are still there, as more and more people receive the Covid-19 vaccination, travel bans are likely to be lifted in the coming months, benefiting the cross-border volume. Further,