Mastercard forecasts weaker revenue growth on economic slowdown fears

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MasterCard (MA) reports Q3 profit increase as cross-border volumes remain strong

October 26, 2023 8:26 AM EDT

MasterCard (NYSE: MA) shares have dipped around 3% Thursday on the back of its latest earnings release, which saw it miss consensus revenue expectations.

The payment processing giant reported Q3 EPS of $3.39, $0.18 better than the analyst estimate of $3.21. However, revenue for the quarter... More