PayPal posted earnings per share of $1.08 in the third quarter of 2022, up from $1.11 per share in the same period last year. Analysts had expected quarterly earnings per share to come in at $0.96.
In terms of sales, PayPal had a value of 6.85 billion US dollars on its books for the closed business district. The forecasts of the experts were here at 6.81 billion US dollars, in the same period of the previous year the US group had still turned over 6.18 billion US dollars.
PayPal shares reacted in after-hours trading on the NASDAQ with a temporary discount of 9.67 percent to $ 69.15.
PayPal disappointed investors with a cautious forecast for the final quarter. The company expects a significant slowdown in sales growth.
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