The world's second-largest payments processor said it earned 86 cents a share on $2.76 billion. Analysts were expecting 85 cents a share on $2.79 billion in sales.
During the quarter, gross dollar volume rose 9% to $1.2 trillion, indicating that shopping trends appear to be healthy across the globe, especially in the United States. MasterCard also noted that the United States accounted for nearly a third of the gross dollar volume total.
Over the past 12 months, shares of MasterCard gained nearly 23%, compared to the near 19% gain in the S&P 500.
Here are three ETFs that may benefit if investors like MasterCard's fourth-quarter results.
PureFunds ISE Mobile Payments ETF
Jefferies analyst Jason Kupferberg was encouraged by the results, despite the negative headwinds from foreign exchange.
"Given YTD outperformance, we aren't surprised to see shares down 2-3% today, as 4Q revs slightly missed consensus, while the '17 revenue guide in USD terms is a little below the Street," Kupferberg wrote in a note to clients following results. "We see FX as the main culprit in both cases. Underlying fundamentals continue to trend positively, and MA again demonstrated strong cost discipline, which gives us even more confidence in MA's 3-year financial targets."
iShares U.S. Financial Services ETF
Like Kupferberg, Wedbush Securities analyst Moshe Katri said the results were strong, when factoring in foreign exchange headwinds.
"We believe the combination of incremental F/X headwinds and incentives impacted both Q4/CY16 results and CY17 guidance," Katri wrote following earnings. "MA remains one of our 3 core 'plays' on mobile payments." The firm has an outperform rating and a $126 price target on shares.
SPDR SSGA Gender Diversity Index ETF
Pacific Crest Securities analyst Josh Beck noted the company ended 2016 "on a solid note," following fourth-quarter results.
"MasterCard finished 2016 on a solid note, and now the prospects shift to fundamental upside against low-double-digit currency-
neutral net revenue growth and high-single-digit currency-neutral opex growth ex-special items," Beck wrote following earnings. "With a potentially less clear benefit from pricing, we believe increased focus on opex efficiency, VocaLink integration, and scaling services margins will be critical."