Tuesday, November 4, 2008

Mastercard Q3 08

-- Quarterly net income of $322 million, or $2.47 per diluted share, excluding a special item -- Quarterly net loss of $194 million, or $1.49 per diluted share, including a special item -- Quarterly net revenue growth of 23.6%, to $1.3 billion due to overasee growth, especially in Europea -- Gross dollar volume up 12.3%; purchase volume up 13.3% -- Adjusted EPS is 2.47 Q3 2008 vs 2.3 Q3 2007. Reasonable price is within 100. But stock price is above 170. -- Suggest underweight

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