Mastercard Incorporated Reveals 15% Gain In Q3 Profit

(RTTNews) - Mastercard Incorporated (MA) reported a profit for its third quarter that increased from last year.

The company said its bottom line climbed to $1.18 billion, or $1.08 per share. This was up from $1.03 billion, or $0.91 per share, in last year's third quarter.

Analysts had expected the company to earn $0.98 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 13.8% to $2.88 billion. This was up from $2.53 billion last year.

Mastercard Incorporated earnings at a glance:

-Earnings (Q3): $1.18 Bln. vs. $1.03 Bln. last year. -Earnings Growth (Y-o-Y): 14.6% -EPS (Q3): $1.08 vs. $0.91 last year. -EPS Growth (Y-o-Y): 18.7% -Analysts Estimate: $0.98 -Revenue (Q3): $2.88 Bln vs. $2.53 Bln last year. -Revenue Change (Y-o-Y): 13.8%