PayPal Q3 2023 Adj. EPS $1.30 Beats $1.23 Estimate, Net Revenues $7.4B Beats $7.384B Estimate
Portfolio Pulse from Benzinga Newsdesk
PayPal has reported its Q3 2023 earnings with an adjusted EPS of $1.30, beating the estimate of $1.23. The company's net revenues also surpassed the estimate, coming in at $7.4 billion against the expected $7.384 billion.
November 01, 2023 | 8:24 pm
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POSITIVE IMPACT
PayPal's Q3 2023 earnings beat estimates, which could positively impact the company's stock price in the short term.
PayPal's earnings beat estimates, which is typically seen as a positive sign by investors and can lead to an increase in the company's stock price. The higher-than-expected revenues also indicate strong performance, which could further boost investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100