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MA MasterCard Incorporated

462.42
0.31 (0.07%)
26 Apr 2024 - Closed
Delayed by 15 minutes
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
  0.31 0.07% 462.42 464.82 460.94 462.91 1,962,973 23:02:05

Mastercard Posts Higher 3Q Revenue, Lifted by Spending

26/10/2023 1:41pm

Dow Jones News


MasterCard (NYSE:MA)
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From Apr 2023 to Apr 2024

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By Will Feuer

 

Mastercard posted higher earnings and revenue for the third quarter as spending across the company's network climbed.

The credit card company reported third-quarter profit of $3.20 billion, or $3.39 a share, up from $2.50 billion, or $2.58 a share, in the same period last year. Analysts surveyed by FactSet had expected earnings of $3.21 a share.

Revenue climbed 14% to $6.53 billion, matching analysts' expectations.

Gross dollar volume on the Mastercard network grew 11% during the quarter, lifted by cross-border spending.

 

Write to Will Feuer at Will.Feuer@wsj.com

 

(END) Dow Jones Newswires

October 26, 2023 08:26 ET (12:26 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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