MasterCard: 1Q Earnings Snapshot

PURCHASE, N.Y. (AP) - MasterCard Inc. (MA) on Tuesday reported first-quarter net income of $1.86 billion.

On a per-share basis, the Purchase, New York-based company said it had profit of $1.80. Earnings, adjusted for pretax gains, were $1.78 per share.

The results surpassed Wall Street expectations. The average estimate of ...