UPDATE: MasterCard Reports 33% Surge In Q2 Profit; Shares Rise In Pre-Market

by Lisa Levin, Benzinga Editor
August 3, 2011 8:33 AM | 20 seconds read |
MasterCard Inc MA reported a 33% rise in its second-quarter profit. MasterCard reported its quarterly profit at $608 million, or $4.76 per share, up from $458 million, or $3.49 per share, in the year-earlier period. However, analysts were expecting earnings of $4.22 per share. Its net revenue climbed 22% to $1.7 billion. MasterCard shares gained 2.49% to $305.92 in pre-market trading.
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