Mastercard (NYSE: MA) released its third-quarter earnings report on Thursday, which surpassed analysts’ expectations. The revenue figures exceeded forecasts.

The company reported earnings per share (EPS) of $3.89, with revenues amounting to $7.4 billion. Analysts polled by Investing.com had projected EPS of $3.74 and total revenues of $7.26 billion.

Mastercard shares remained unchanged at 0.36%, trading at $515.55 in pre-market trading, according to the report.

This year, Mastercard’s stock price has risen by 20%, underperforming compared to the S&P 500 index average, which has increased by 21% since the beginning of the year.

Mastercard is following the general trend of companies in the “Technology” sector this month. On Wednesday, Microsoft reported first-quarter EPS of $3.3, with profits totaling $65.6 billion, compared to forecasted EPS of $3.1 on total revenues of $64.55 billion.

Alphabet C’s revenues exceeded analysts’ expectations on Tuesday in the third quarter, with quarterly EPS of $2.12 on total revenues of $88.27 billion. Investing.com analysts had previously predicted EPS of $1.84 on total revenues of $86.37 billion.