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Reuters / Lucas Jackson Paypal CEO, Dan Schulman (C), celebrates with employees during the Nasdaq Corporation's restitution in New York. third trimester.
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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