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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