It's the first earnings report for CEO Alex Chriss since he hit his one-year anniversary at the company last month.Sign up for NBC San Diego's News Headlines newsletter.
"PayPal delivered strong financial and operating results during a highly productive third quarter," Chriss said in the earnings release. While PayPal's take rate slipped to 1.86% from 1.91% a year earlier, transaction margin, which is how the company gauges the profitability of its core business, rose to 46.6% from 45.4%.
The company expects adjusted earnings per share of $1.07 to $1.11, versus the average analyst estimate of $1.10, according to LSEG.
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