Tag Archives: ebay

PayPal Getting Less From Each Transaction, Q3 Mixed

PayPal (PYPL) stock fell Thursday as the payment company said its take rate slipped, and analysts found good and bad in the Q3 earnings report. Late Wednesday, PayPal posted Q3 revenue that missed analyst expectations and gave Q4 EPS guidance that also fell short. It was the company’s first earnings report since it was spun out of eBay (EBAY). PayPal stock was down 1.5% in afternoon trading in the stock market today, near 36. Paypal has an IBD

PayPal EPS Outlook Lags In First Stand-Alone Earnings

In its first quarterly earnings report as a stand-alone company, PayPal (PYPL) late Wednesday reported Q3 earnings that beat analyst expectations, but revenue came in just shy despite what the company called a gain in market share. And its Q4 earnings guidance missed analyst estimates. EBay (EBAY) spun off digital payments company PayPal into a separate company in July. Without eBay, PayPal reported non-GAAP Q3 revenue of $2.26 billion, which it