PayPal beats on earnings but misses on revenue

A PayPal sign is seen at its headquarters in San Jose, California, Jan. 30, 2024.PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in a bit light of expectations. Here's how the company did compared to Wall Street estimates, based on a survey of analysts by LSEG:Earnings per share: $1.20, adjusted vs.$1.07 expectedRevenue: $7.85 billion vs.$7.89 billion expectedRevenue increased about 6% in the quarter from $7.42 billion in the same period a year ago. PayPal reported ...