Mastercard and ExxonMobil released their latest earnings reports before opening bell this morning. Mastercard posted earnings of $1.08 per share on $2.88 billion in revenue, compared to the consensus estimates of $2.74 billion in revenue and 98 cents per share in earnings. In last year’s third quarter, the credit card company posted revenue of $2.53 billion and 86 cents per share in earnings.

ExxonMobil posted earnings of 63 cents per share on $58.7 billion in revenue, compared to the consensus estimates of $60.4 billion in revenue and 58 cents per share in earnings. In the year-ago quarter, the energy giant reported $1.01 per share in earnings and $57.3 billion in revenue.

Mastercard shares rise after earnings

MasterCard logo

Mastercard’s gross dollar volume increased 7% year over year to $1.2 trillion, while purchase volume grew 5%. Processed transactions grew 18% to $14.5 billion, while cross-border volumes increased 12%. As of the end of September, the company had issued .3 billion Mastercard and Maestro-branded cards.

“Our business continues to perform well, and we are pleased with our strong growth in revenue and earnings per share this quarter,” Mastercard President and Chief Executive Ajay Banga said in a statement. “We are executing on our strategy, deepening issuer relationships and delivering our customers and partners digital-first solutions. As a result, consumers benefit from seamless and secure purchase experiences everywhere and every way they shop.”

Shares of Mastercard jumped by as much as 1.94% to $105.61 in premarket trades.

ExxonMobil shares fall after earnings

Exxon Mobil

ExxonMobil’s Chemical earnings were $1.2 billion, which was comparable with the year-ago quarter’s number and includes higher maintenance costs and higher sales of specialty products. Capital and exploration expenditures declined 45% year over year to $4.2 billion. Oil-equivalent production amounted to 3.8 million barrels per day, including a 5.1% decline in liquids and an increase of 0.8% in natural gas.

Upstream earnings declined to $620 million year over year on the back of lower liquids and gas realizations. Downstream earnings declined to $1.2 billion as weaker margins cut $1.6 billion, although favorable volume and mix boosted earnings by $170 million.

Shares of ExxonMobil declined by as much as 1.35% to $85.75 in premarket trades.