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Published on 1 May 2024 on dpa international via Yahoo Finance

Mastercard's profit rises in first quarter, beats estimates


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A Mastercard credit card is held in the hand. Fabian Sommer/dpa

Mastercard Incorporated announced a profit for its first quarter that increased from last year and beat Wall Street estimates.

The payments processor's earnings came in at $3.01 billion, or $3.22 per share. This compares with $2.36 billion, or $2.47 per share, in last year's first quarter.

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