PayPal tops Q3 adjusted EPS estimates, raises FY forecast
PYPL•PayPal’s third-quarter revenue rose 2% to $8.60 billion, missing the $8.71 billion estimate, while adjusted EPS increased 8% to $1.45, beating the $1.31 estimate. The company raised its full-year non-GAAP EPS outlook to about $5.60 from about $5.38.
1. Third-quarter results
PayPal reported third-quarter revenue of $8.60 billion, up 2% but below the $8.71 billion analyst estimate. Adjusted EPS rose 8% to $1.45, topping the $1.31 estimate. The company repurchased $1.5 billion in shares during the quarter.
2. Raised earnings outlook
PayPal raised its full-year non-GAAP EPS guidance to about $5.60 from about $5.38 and reaffirmed its full-year GAAP EPS guidance of about $5.07. It expects fourth-quarter 2026 non-GAAP EPS of about $1.43.
3. Drivers cited
The company said strong contributions from key growth areas, increased diversification, progress in its multi-year transformation strategy and higher total payment volume helped drive results.
