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MasterCard: Beats Analyst Estimates, Priceless

November 05, 2013 | About:

The growth in consumers spending in the US and Abroad increased in the last years, and it ultimately improved the growth in sales of Master card, _ MasterCard Inc. (MA) is no exception: The world’s second-largest card payment processing company beat analysts’ estimates for its third quarter (3QFY13) earnings and revenues by a fair margin.

For the quarter ending September 30, 2013, MasterCard’s net income grew to $879 million, with earnings (diluted) up 18% from the same quarter last year to $7.27 per share. The result beat analysts’ mean estimates by a healthy 4.5%.

Reference: _ http://goo.gl/DXzKgo

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