PayPal Beats 3rd-Quarter Earnings Estimates. Here’s What Analysts Think

PayPal Holdings Inc. rallied as much as 9.5 percent after beating third-quarter estimates, boosting its 2018 forecast and providing 2019 guidance that was in-line with three- to five-year targets. But analysts said the real bright spot in the earnings report was new insight into how PayPal is making progress toward monetizing Venmo.

"Our monetization efforts appear to be reaching a tipping point," PayPal Chief Executive Officer Dan Schulman said on a conference call Thursday, noting that...

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