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Mastercard Shares Climb 2.8% in Thursday Premarket After Q3 Earnings Beat

Adjusted earnings per share were $5.31, topping the $5.17 average estimate by 14 cents, while revenue also beat expectations.

A blank payment card rests beside a compact checkout terminal / TokenPost.ai
A blank payment card rests beside a compact checkout terminal / TokenPost.ai

Shares in Mastercard climbed 2.8% before Thursday's U.S. market open after the payments company beat third-quarter earnings and revenue forecasts as consumer spending held up.

Third-quarter adjusted earnings per share were $5.31, 14 cents above the $5.17 average analyst estimate.

Q3 adjusted EPS was $5.31, compared with adjusted diluted EPS of $5.04 in the second-quarter results. Revenue in that quarter rose 14% year over year to $9.3 billion.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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