Mastercard Inc (MA) Q3 Earnings Beat Estimates

Mastercard Inc (NYSE:MA) released its earnings report for the quarter ended September 31 this morning before the market opened on Wall Street. The company showed earnings of $7.27 per share for the three month period. The figure beat analyst expectations by a good margin. Shares in Mastercard were trading up in pre-market as a result.

In the run up to the release of this earnings report analysts following Mastercard Inc (NYSE:MA) were looking for earnings per share of $6.93 for the three months, which Mastercard recorded as its third quarter of 2013. The beat on expectations is a surprise after the company's biggest competitor Visa...