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Purchase, New York-based Mastercard Incorporated (MA) provides transaction processing and other payment-related products and services. Valued at $504 billion by market cap, Mastercard offers a range of integrated products and value-added services to millions of account holders, institutions, businesses, governments, and other organizations.
The payments giant is set to announce its third-quarter results before the market opens on Thursday, Oct. 30. Ahead of the event, analysts expect Mastercard to report an adjusted profit of $4.30 per share, up 10.5% from $3.89 per share reported in the year-ago quarter. Further, the company has a solid earnings surprise history. It has surpassed the Street’s bottom-line estimates in each of the past four quarters.
