Mastercard posts rise in Q3 profit on resilient spending

4 weeks ago

Less than a minute

2024.10.31 08:20

© Reuters. A screen displays the company logo for Mastercard Inc. on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 29, 2024. REUTERS/Brendan McDermid/File Photo

(Reuters) – Mastercard (NYSE:)’s third-quarter profit rose 2% as customers encouraged by economic stability ramped up their spending, the payments processor said on Thursday.

Profit was $3.3 billion, or $3.53 per share, for the three months ended Sept. 30, compared with $3.2 billion, or $3.39 per share, a year ago.

4 weeks ago

Less than a minute

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