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Mastercard Incorporated Q4 adjusted earnings Beat Estimates

(RTTNews) - Mastercard Incorporated (MA) reported earnings for its fourth quarter that climbed from the same period last year.

The company's earnings totaled $899 million, or $0.87 per share. This compares with $227 million, or $0.21 per share, in last year's fourth quarter.

Excluding items, Mastercard Incorporated reported adjusted earnings of $1.6 billion or $1.55 per share for the period.

Analysts had expected the company to earn $1.53 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 15.1% to $3.81 billion from $3.31 billion last year.

Mastercard Incorporated earnings at a glance:

-Earnings (Q4): $1.6 Bln. vs. $1.2 Bln. last year.
-EPS (Q4): $1.55 vs. $1.14 last year.
-Analysts Estimate: $1.53
-Revenue (Q4): $3.81 Bln vs. $3.31 Bln last year.
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