Consumption resilience drives performance, Mastercard's Q3 revenue and profit both exceed expectations.

Zhongtong Finance and Economics APP learned that due to strong consumer and corporate spending, Mastercard's third-quarter profits exceeded analyst expectations. The financial report shows that Mastercard's adjusted net profit for Q3 was $4 billion, or $4.38 per share. This exceeded Wall Street analysts' expected $3.91 billion, or $4.31 per share.