PayPal Holdings Inc earnings beat, Revenue misses in Q3

  • Investing.com
  • Stock Market News
PayPal Holdings Inc earnings beat, Revenue misses in Q3
Credit: © Reuters.

Investing.com - PayPal Holdings Inc (NASDAQ: PYPL ) reported on Monday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

PayPal Holdings Inc announced earnings per share of $1.11 on revenue of $6.18B. Analysts polled by Investing.com anticipated EPS of $1.07 on revenue of $6.23B.

PayPal Holdings Inc shares are up 4.36% from the beginning of the year and are trading at $231.40 , down-from-52-week-high.They are under-performing the Nasdaq which is up 24.01% year to date.

PayPal Holdings Inc shares gained 0.83% in after-hours trade the report.

PayPal Holdings Inc follows other major Financial sector earnings this month

PayPal Holdings Inc's report follows an earnings missed by Berkshire Hathaway A on Saturday, who reported EPS of $4302.7 on revenue of $73.08B, compared to forecasts EPS of $4536.17 on revenue of $72.79B.

JPMorgan had beat expectations on Wednesday, October 13, 2021 with third quarter EPS of $3.74 on revenue of $30.44B, compared to forecast for EPS of $3 on revenue of $29.79B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100

Related Articles