Mastercard Stock Rockets on Q3 Earnings Beat and $2B Crypto Play – What Investors Should Know
Strong Q3 Earnings and Spending Trends Mastercard’s Oct. 30 earnings report beat expectations, lifting the stock. The payments giant logged Q3 revenue of $8.60 billion, up 17% from a year earlier Investing, and adjusted EPS of $4.38 (above the $4.32 Wall Street estimate) Investing. Revenue from cross-border spending jumped ~15%, and its higher-margin services (fraud protection, data analytics, etc.) grew ~25% YoY…