PayPal (PYPL) Tops Q3 EPS by 4c, Offers Q4 Guidance

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Go back to PayPal (PYPL) Tops Q3 EPS by 4c, Offers Q4 Guidance

PayPal Reports Third Quarter 2018 Results

October 18, 2018 4:15 PM EDT

GAAP EPS of $0.36, increasing 17%; non-GAAP EPS of $0.58, increasing 26%

Announces partnerships with American Express and Walmart

SAN JOSE, Calif.--(BUSINESS WIRE)-- Global technology platform and digital payments leader PayPal Holdings, Inc. (NASDAQ: PYPL) today announced third quarter results for the period ended September 30, 2018.

Financial highlights for third quarter 2018

Revenue growth of 14% to $3.68 billion on both a spot and foreign currency-neutral (FX-neutral or FXN) basis. The completion of the sale of the U.S. consumer credit receivables portfolio to Synchrony in July 2018 negatively affected revenue growth by... More