Investing.com – PayPal Holdings Inc (NASDAQ:) reported on Monday third quarter that beat analysts’ forecasts and revenue that topped expectations.
PayPal Holdings Inc announced earnings per share of $1.07 on revenue of $5.46B. Analysts polled by Investing.com anticipated EPS of $0.94 on revenue of $5.42B.
PayPal Holdings Inc shares are down 14% from the beginning of the year and are trading at $184.70 , down-from-52-week-high.They are under-performing the which is up 2.44% from the start of the year.
PayPal Holdings Inc shares lost 1.69% 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 beat by JPMorgan on October 13, who reported EPS of $2.92 on revenue of $29.94B, compared to forecasts EPS of $2.23 on revenue of $28.22B.
UnitedHealth had beat expectations on October 14 with third quarter EPS of $3.51 on revenue of $65.12B, compared to forecast for EPS of $3.11 on revenue of $63.79B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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