Mastercard’s third-quarter results topped expectations of many investors.
When consumer spending is healthy, MasterCard and Visa tend to do well, and going into Thursday’s third-quarter financial report, MasterCard investors hoped that their company would be able to bounce back after disappointing performance during the second quarter raised concerns about its future growth trajectory.
MasterCard’s third-quarter results weren’t entirely free of worries, but the company nevertheless posted better figures on its bottom line than most investors had expected as spending levels rose worldwide. Let’s look more closely at how MasterCard did this quarter and whether investors should breathe a sigh of relief at its results.
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