News Formal

PayPal beats on earnings but misses on revenue

  • 📰 nbcsandiego
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

News Berita

Indonesia Berita Terbaru,Indonesia Berita utama

PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.

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.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 524. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Here's what to look for when PayPal reports Q3 earningsHere's what to look for when PayPal reports Q3 earnings
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »