Changes in US stocks | Third-quarter results exceeded expectations, Mastercard (MA.US) rose more than 4% to a record high

Zhitongcaijing · 3d ago

The Zhitong Finance App learned that on Thursday, Mastercard (MA.US) moved high. As of press release, the increase was over 4%. The stock price reached a record high, with a cumulative increase of nearly 16% since October. According to the news, Mastercard's third-quarter results showed net revenue of 9.807 billion US dollars, up 14% year on year; net profit of 4.628 billion US dollars, up 18% year on year; and diluted earnings per share of 5.28 US dollars. Adjusted net profit was $4.7 billion, up 17% year over year; adjusted diluted earnings per share were $5.31, up 21% year over year.

In the third quarter, Mastercard's cross-border transactions in local currency increased 11% year over year, total payment transactions increased 7% to $3 trillion, and the number of transactions processed increased 9%. Net revenue from value-added services and solutions increased 19% year over year. The company repurchased 5.3 million shares during the quarter at a cost of US$3 billion and paid dividends of US$763 million.