PayPal Holdings Q1 Adj. EPS $1.22 Beats $1.01 Estimate, Sales $6.03B Beat $5.90B Estimate

PayPal Holdings (NASDAQ:PYPL) reported quarterly earnings of $1.22 per share which beat the analyst consensus estimate of $1.01 by 20.79 percent. This is a 84.85 percent increase over earnings of $0.66 per share from the same period last year. The company reported quarterly sales of $6.03 billion which beat the analyst consensus estimate of $5.90 billion by 2.20 percent. This is a 30.58 percent increase over sales of $4.62 billion the same period last year.