Did PayPal Live Up to Its Q3 2018 Targets?
PayPal (PYPL) is expected to release its third-quarter results on October 18. While reporting its second-quarter results in July, PayPal provided a yardstick against which its upcoming results could be measured. The company issued a guidance showing that it expected its third-quarter revenue to rise as much as 13% YoY (year-over-year) to $3.62 billion–$3.67 billion. For its bottom line, the company guided for EPS of $0.53–$0.55.