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Paypal: consensus beaten in Q3.

(CercleFinance.com) - PayPal's Q3 results were convincing, with the group last night announcing net income of 380 million dollars over the period, or 31 cents per share, against 323 million dollars, or 27 cents per share a year ago.

Adjusted EPS of the electronic payments group reached 46 cents, 3 cents above the consensus.

Revenues also rose by more than expected - up from 2.67 billion dollars in Q3 2016 to 3.24 billion dollars, compared with the consensus of 3.18 billion dollars.

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