MasterCard (MA) Tops Q3 EPS by 10c; Global Purchase Vol. Rose 9%
MasterCard (NYSE: MA) reported Q3 EPS of $1.08, $0.10 better than the analyst estimate of $0.98. Revenue for the quarter came in at $2.88 billion versus the consensus estimate of $2.75 billion.
Worldwide purchase volume during the quarter was up 9% on a local currency basis, adjusting for the impact of recent EU regulatory changes, versus the third quarter of 2015, to $882 billion. As of September 30, 2016, the company’s customers had issued 2.3 billion Mastercard and Maestro-branded cards.
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