Mastercard Incorporated Q4 adjusted earnings Beat Estimates

(RTTNews) - Mastercard Incorporated (MA) revealed a profit for fourth quarter that decreased from the same period last year.

The company's profit totaled $1.79 billion, or $1.78 per share. This compares with $2.10 billion, or $2.07 per share, in last year's fourth quarter.

Excluding items, Mastercard Incorporated reported adjusted earnings of $1.64 billion or $1.64 per share for the period.

Analysts had expected the company to earn $1.51 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 6.6% to $4.12 billion from $4.41 billion last year.

Mastercard Incorporated earnings at a glance:

-Earnings (Q4): $1.64 Bln. vs. $1.98 Bln. last year. -EPS (Q4): $1.64 vs. $1.96 last year. -Analysts Estimate: $1.51 -Revenue (Q4): $4.12 Bln vs. $4.41 Bln last year.