Earnings

Mastercard (MA) earnings Q3 2019 beat estimates

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A woman walks past a Westpac bank advertisement in central Sydney, Australia.

Daniel Munoz | Reuters

Mastercard reported third-quarter earnings on Tuesday that beat analysts’ expectations on the top and bottom lines.

Shares of Mastercard were up 1% in premarket trading.

Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:

  • Earnings per share: $2.15 adjusted, vs. $2.01 expected
  • Revenue: $4.47 billion, vs. $4.42 billion expected

Gross dollar volume, the dollar value of all transactions processed, came in at $1.7 trillion — 14% higher than the year-earlier period when the company reported gross dollar volume of $1.5 trillion….



Source cnbc.com

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