Mastercard eased concerns about a potential slowdown in consumer spending after beating Wall Street estimates for second-quarter results on Thursday, sending its shares up nearly 3%.

Mastercard said more consumer spending in its payment network translated to higher revenue and earnings in the second quarter.

Mastercard Incorporated MA reported second-quarter 2025 adjusted earnings of $4.15 per share, which surpassed the Zacks Consensus Estimate by 2.5%. The bottom line improved 16% year over year. Net revenues advanced 16.