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PayPal Holdings Inc announced earnings per share of $1.08 on revenue of $6.85B. Analysts polled by Investing.com anticipated EPS of $0.96 on revenue of $6.82B.
PayPal Holdings Inc shares are down 12% from the beginning of the year, still down 66.99% from its 52 week high of $231.92 set on November 4, 2021.
PayPal Holdings Inc shares lost 7.66% in after-hours trade following the report.
PayPal Holdings Inc’s report follows an earnings beat by Apple on October 27, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on October 25 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
