PayPal Holdings Q2 Adj. EPS $1.15 Beats $1.13 Estimate, Sales $6.24B Miss $6.27B Estimate -Reuters

PayPal Holdings (NASDAQ:PYPL) reported quarterly earnings of $1.15 per share which beat the analyst consensus estimate of $1.13 by 1.77 percent. This is a 7.48 percent increase over earnings of $1.07 per share from the same period last year. The company reported quarterly sales of $6.24 billion which missed the analyst consensus estimate of $6.27 billion by 0.48 percent. This is a 18.61 percent increase over sales of $5.26 billion the same period last year.