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PayPal Holdings, Inc. Q3 adjusted earnings Beat Estimates

PayPal Holdings, Inc. (PYPL) revealed earnings for its third quarter that climbed from last year.

The company's earnings came in at $462 million, or $0.39 per share. This compares with $436 million, or $0.36 per share, in last year's third quarter.

Excluding items, PayPal Holdings, Inc. reported adjusted earnings of $723 million or $0.61 per share for the period.

Analysts had expected the company to earn $0.52 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 19.0% to $4.38 billion from $3.68 billion last year.

PayPal Holdings, Inc. earnings at a glance:

-Earnings (Q3): $723 Mln. vs. $694 Mln. last year.
-EPS (Q3): $0.61 vs. $0.58 last year.
-Analysts Estimate: $0.52
-Revenue (Q3): $4.38 Bln vs. $3.68 Bln last year.

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