Wednesday, October 23, 2019

PayPal Q3 Profit Tops Estimates, Revenue Up 19%; Shares Surge - Quick Facts

PayPal Holdings, Inc. (PYPL) reported that its third-quarter non-GAAP earnings per share increased 5 percent year-on-year to $0.61, which includes net unrealized loss of $0.15 per share from strategic investments. Excluding the impact of unrealized losses, non-GAAP earnings per share was $0.76, up 31 percent. On average, 20 analysts polled by Thomson Reuters expected the company to report profit per share of $0.52, for the quarter. Analysts' estimates typically exclude special items.

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