WASHINGTON (dpa-AFX) - PayPal Holdings, Inc. (PYPL) reported a profit for
its first quarter that increased from the same period last year but missed the
Street estimates.

The company's bottom line totaled $888 million, or $0.83 per share. This
compares with $795 million, or $0.70 per share, in last year's first quarter.

Excluding items, PayPal Holdings, Inc. reported adjusted earnings of $1.16
billion or $1.08 per share for the period.

Analysts on average had expected the company to earn $1.14 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 9.4% to $7.70 billion from $7.04
billion last year.

PayPal Holdings, Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $888 Mln. vs. $795 Mln. last year.
-EPS (Q1): $0.83 vs. $0.70 last year.
-Revenue (Q1): $7.70 Bln vs. $7.04 Bln last year.


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