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Here's how the company did compared with what Wall Street expected:

  • EPS: $1.34 vs. $1.23 expected by analysts surveyed by Thomson Reuters.

  • Revenue: $3.4 billion vs. $3.28 billion expected in the Thomson Reuters survey.

Mastercard's net income rose to $1.43 billion for the quarter, from $1.18 billion a year ago.

Third-quarter gross dollar volume was up 10 percent and purchase volume was up 11 percent.

During the third quarter Mastercard also said it repurchased approximately 6.4 million shares at a cost of $838 million, and has returned $235 million to shareholders in the form of dividends. The company now has $2 billion remaining under the current repurchase program authorizations.

CNBC

MA



Submitted October 31, 2017 at 09:16AM by ChocolateTsar http://ift.tt/2z1cgr7

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