Mastercard Reports Q3 Earnings Beat with $9.8 Billion Revenue and Strong Volume Growth
Mastercard (MA) reported third-quarter financial results that exceeded analyst expectations, posting a Non-GAAP earnings per share of $5.31, which beat estimates by $0.14. Total revenue reached $9.8 billion, representing a 14% year-over-year increase and surpassing consensus forecasts by $140 million. The company demonstrated robust transaction activity, with gross dollar volume rising 7% year-over-year to $3.0 trillion on a local-currency basis. Key growth drivers included an 11% increase in cross-border volumes and steady growth in switched transactions, signaling resilient consumer spending and international travel trends.
Tickers: $MA
Topics: cross-border transactions earnings beat gross dollar volume revenue growth