PayPal Q3 revenue up 2% to $8.58B, misses $8.71B estimate; raises FY adjusted EPS outlook to ~$5.60

PayPal reported Q3 revenue of $8.58B, up 2% year over year but below the $8.71B estimate, while total payment volume rose 6% to $487.14B. The company raised its full-year adjusted EPS guidance to about $5.60 from roughly $5.38, above the $5.39 consensus.

• Q3 revenue: $8.58B, up 2% YoY, below $8.71B estimate
• Total payment volume rose 6% to $487.14B
• Full-year adjusted EPS guidance raised to ~$5.60
• Prior EPS outlook was ~$5.38; analysts expected $5.39