Categories AlphaGraphs, Earnings, Finance

PYPL Earnings: PayPal Holdings Q3 revenue up 13%; profit beats estimates

Payment solutions firm PayPal Holdings Inc. (NASDAQ: PYPL) reported stronger-than-expected earnings for the third quarter of 2021. The company’s stock gained during Monday’s extended trading session soon after the announcement.

Total payment volumes grew 26% year-over-year to $310 billion in the September quarter. Consequently, total revenues moved up 13% to $6.18 billion. Analysts had forecast a faster top-line growth.

Adjusted profit rose to $1.11 per share from last year’s $1.07 per share and exceeded expectations. Net income, including special items, was $1.08 billion or $0.92 per share, compared to $1.02 billion or $0.86 per share in the third quarter of 2020.


Read management/analysts’ comments on PayPal’s Q1 earnings


PayPal’s shares closed Monday’s regular trading session higher, after gaining around 22% since the beginning of the year.

Prior Performance

  • paypal Q3 2020 earnings

_________________________________________________________________________________________________________________

Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock

_________________________________________________________________________________________________________________

Most Popular

Thermo Fisher Scientific (TMO) Q4 earnings drop despite higher revenues

Thermo Fisher Scientific Inc. (NYSE: TMO) announced fourth-quarter 2022 financial results, reporting a double-digit fall in adjusted earnings and an increase in revenues. Fourth-quarter revenues increased 7% annually to $11.5

Altria Group (MO) Q4 2022 Earnings: Key financials and quarterly highlights

Altria Group Inc. (NYSE: MO) reported fourth quarter 2022 earnings results today. Net revenues decreased 2.3% year-over-year to $6.1 billion. Net earnings attributable to Altria increased 65.6% to $2.6 billion

AMD Earnings: Advanced Micro Devices Q4 revenue up 16%, profit drops

Semiconductor company Advanced Micro Devices, Inc. (NASDAQ: AMD) reported a decline in fourth-quarter earnings, despite an increase in revenues. Earnings, excluding special items, dropped to $0.69 per share in the

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top