Categories AlphaGraphs, Earnings, Finance
PYPL Earnings: PayPal Q3 2022 profit and revenue beat estimates
Payment solutions firm PayPal Holdings Inc. (NASDAQ: PYPL) announced financial results for the third quarter of 2022, reporting stronger-than-expected earnings and revenues.
Third-quarter revenues rose 11% year-over-year to $6.85 billion amid strong growth in payment volumes. The top line also exceeded consensus estimates.
The company reported adjusted earnings of $1.08 per share for the three-month period, compared to $1.11 per share in the corresponding period of last year. Analysts had predicted a smaller number. On a reported basis, it was a net profit of $1.33 billion or $1.15 per share, compared to $1.09 billion or $0.92 per share last year.
Check this space to read management/analysts’ comments on PayPal’s Q3 2022 results
“We delivered strong third quarter results. We will continue to invest against our key priorities to advance our leading position in digital payments and commerce. We’re very pleased to be working with Apple to enhance our offerings for our PayPal and Venmo merchants and consumers,” said PayPal’s CEO Dan Schulman.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
_________________________________________________________________________________________________________________
Most Popular
CCL Earnings: Highlights of Carnival Corporation’s Q4 2025 results
Cruise operator Carnival Corporation & plc (NYSE: CCL) on Friday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. Earnings topped analysts' expectations. Revenues
Lamb Weston (LW) Q2 2026 Earnings: Key financials and quarterly highlights
Lamb Weston Holdings, Inc. (NYSE: LW) reported its second quarter 2026 earnings results today. Net sales inched up 1% year-over-year to $1.62 billion. Net sales at constant currency remained flat.
Paychex reports higher Q2 FY26 revenue and earnings; EPS beats estimates
Paychex Inc. (NASDAQ: PAYX) on Friday reported stronger-than-expected adjusted earnings for the second quarter of fiscal 2026. Revenues grew 18% year-over-year. The Rochester-based human capital management solutions provider reported revenues
