UPDATE: MasterCard Q3 Profit Surges 14%
October 31, 2013 at 09:17 AM EDT
MasterCard (NYSE: MA ) reported a 14% rise in its third quarter. MasterCard's quarterly net income surged to $879 million, or $7.27 per share, versus a year-ago profit of $772 million, or $6.17 per share. Its revenue climbed 16% to $2.22 billion. However, analysts were expecting a profit of $6.94