Mastercard Q3 Profit Rises to $4.63 Billion as Revenue Jumps 14%

Mastercard Inc. (MA) reported higher third-quarter earnings, with net income rising to $4.628 billion, or $5.28 per share, from $3.927 billion, or $4.34 per share, a year earlier. Excluding items, the payments company posted adjusted earnings of $4.653 billion, or $5.31 per share. Revenue for the quarter grew 14.0% to $9.807 billion from $8.602 billion last year.