PayPal beats revenue, revenue and advice



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  PayPal IPO Reuters / Lucas Jackson Paypal CEO, Dan Schulman (C), celebrates with employees during the Nasdaq Corporation's restitution in New York. third trimester.
  • The Company's fourth-quarter adjusted earnings per share guidance exceeded estimates.
  • The shares changed little after the results.
  • View real-time PayPal exchanges here. Wall Street estimates both net earnings and net earnings, and the company raised its guidance for adjusted earnings per share for the full year. Shares have changed little after trading hours on Thursday.

    The digital payments company posted adjusted earnings of $ 0.58 billion for revenue of $ 3.68 billion, exceeding $ 0.54 billion and $ 3.67 billion expected by badysts surveyed by Bloomberg.

    "PayPal had another great quarter," said President and CEO Dan Schulman in a statement.

    "New partnerships with American Express and Walmart will increase the value we can offer to our customers.The cash flow allows us to aggressively invest in innovation and growth, creating a long-term, sustainable value for our shareholders. "

    PayPal posted fourth quarter adjusted EPS of $ 0.65 to $ 0.67 per share, compared to $ 0.65 anticipated. It expects net sales of between $ 4.20 billion and $ 4.28 billion in Q4, midway through the $ 4.22 billion sought by badysts.

    PayPal's shares rose about 5% this year until Thursday.

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