Mastercard Incorporated Q3 adjusted earnings Beat Estimates

(RTTNews) - Mastercard Incorporated (MA) announced a profit for its third quarter that climbed from the same period last year.

The company's profit totaled $1.90 billion, or $1.82 per share. This compares with $1.43 billion, or $1.34 per share, in last year's third quarter.

Excluding items, Mastercard Incorporated reported adjusted earnings of $1.9 billion or $1.78 per share for the period.

Analysts had expected the company to earn $1.68 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 14.7% to $3.90 billion from $3.40 billion last year.

Mastercard Incorporated earnings at a glance:

-Earnings (Q3): $1.9 Bln. vs. $1.4 Bln. last year. -EPS (Q3): $1.78 vs. $1.34 last year. -Analysts Estimate: $1.68 -Revenue (Q3): $3.90 Bln vs. $3.40 Bln last year.