logo
  

Mastercard Incorporated Q3 Profit Increases, beats estimates

Mastercard Incorporated (MA) announced earnings for its third quarter that increased from last year and beat the Street estimates.

The company's earnings came in at $2.50 billion, or $2.58 per share. This compares with $2.41 billion, or $2.44 per share, in last year's third quarter.

Excluding items, Mastercard Incorporated reported adjusted earnings of $2.60 billion or $2.68 per share for the period.

Analysts on average had expected the company to earn $2.56 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 15.4% to $5.76 billion from $4.99 billion last year.

Mastercard Incorporated earnings at a glance (GAAP) :

-Earnings (Q3): $2.50 Bln. vs. $2.41 Bln. last year.
-EPS (Q3): $2.58 vs. $2.44 last year.
-Analyst Estimate: $2.56
-Revenue (Q3): $5.76 Bln vs. $4.99 Bln last year.

For comments and feedback contact: editorial@rttnews.com

Follow RTT