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