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Mastercard Incorporated Q3 Profit Increases, Beats Estimates

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

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

The company's earnings came in at $3.927 billion, or $4.34 per share. This compares with $3.263 billion, or $3.53 per share, last year.

Excluding items, Mastercard Incorporated reported adjusted earnings of $3.961 billion or $4.38 per share for the period.

Analysts on average had expected the company to earn $4.31 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 16.7% to $8.602 billion from $7.369 billion last year.

Mastercard Incorporated earnings at a glance (GAAP) :

-Earnings: $3.927 Bln. vs. $3.263 Bln. last year.
-EPS: $4.34 vs. $3.53 last year.
-Revenue: $8.602 Bln vs. $7.369 Bln last year.

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