Plus   Neg

PayPal Holdings, Inc. Q4 adjusted earnings Beat Estimates

PayPal Holdings, Inc. (PYPL) released a profit for fourth quarter that dropped from last year.

The company's earnings came in at $507 million, or $0.43 per share. This compares with $584 million, or $0.49 per share, in last year's fourth quarter.

Excluding items, PayPal Holdings, Inc. reported adjusted earnings of $1.02 billion or $0.86 per share for the period.

Analysts had expected the company to earn $0.83 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 17.3% to $4.96 billion from $4.23 billion last year.

PayPal Holdings, Inc. earnings at a glance:

-Earnings (Q4): $1.02 Bln. vs. $0.82 Bln. last year.
-EPS (Q4): $0.86 vs. $0.69 last year.
-Analysts Estimate: $0.83
-Revenue (Q4): $4.96 Bln vs. $4.23 Bln last year.

For comments and feedback contact: editorial@rttnews.com

Follow RTT