PayPal Holdings, Inc. Q3 Sales Increase

(RTTNews) - PayPal Holdings, Inc. (PYPL) revealed a profit for third quarter of $1.010 billion

The company's bottom line came in at $1.010 billion, or $0.99 per share. This compares with $1.020 billion, or $0.93 per share, in last year's third quarter.

Excluding items, PayPal Holdings, Inc. reported adjusted earnings of $1.228 billion or $1.20 per share for the period.

The company's revenue for the quarter rose 5.8% to $7.847 billion from $7.418 billion last year.

PayPal Holdings, Inc. earnings at a glance (GAAP) :

-Earnings (Q3): $1.010 Bln. vs. $1.020 Bln. last year. -EPS (Q3): $0.99 vs. $0.93 last year. -Revenue (Q3): $7.847 Bln vs. $7.418 Bln last year.

-Guidance: Next quarter EPS guidance: $1.03 - $1.07 Full year EPS guidance: $3.92 - $3.96