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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| MasterCard Incorporated | NYSE:MA | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 2.48 | 0.56% | 443.58 | 445.26 | 436.90 | 444.85 | 3,711,007 | 01:00:00 |
From May 2021 to May 2024
By Matt Grossman
Mastercard Inc. on Thursday logged greater sales and earnings year over year in the third quarter as gross dollar volume improved.
The Purchase, N.Y.-based credit-card company logged earnings of $2.44 a share, a rise from $1.51 a share 12 months ago. Net income rose to $2.41 billion, from $1.51 billion in last year's third quarter.
Stripping out one-time items, the company's adjusted earnings were $2.37 a share. Analysts polled by FactSet had forecast adjusted earnings of $2.19 a share.
Revenue grew to $4.99 billion, from $3.84 billion in the prior-year period. Analysts were expecting revenue of $4.95 billion.
Gross dollar volume grew by 20%, to $2 trillion, in part fueled by solid domestic-spending levels. At the end of the quarter, customers had 2.9 million Mastercard- and Maestro-branded cards, Mastercard said.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
October 28, 2021 08:28 ET (12:28 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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