Mastercard Incorporated (NYSE:MA) will release its Q4 earnings results on January 27. Analysts at RBC Capital provided their outlook on the company ahead of the report, expecting revenue to grow 25% year-over-year to $5.14 billion. Quarterly EPS is expected to be $2.25, compared to the Street’s estimate of $2.21.

Overall, the analysts anticipate the company’s guidance for 2022 to remain largely in sync with mid-term (3-year) guidance provided during its November 10th analyst day – high-teens net revenue growth and EPS in the low 20%s.

The analysts believe the company is a core long-term holding and an “indexed” way to play payments and benefits from three global secular megatrends including 1) global consumption, 2) global digitization of payments, and 3) global innovation, which is creating new payment flows.