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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 | |
---|---|---|---|---|---|---|---|---|
0.31 | 0.07% | 462.42 | 464.82 | 460.94 | 462.91 | 1,962,973 | 23:02:05 |
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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