Here's how the company did compared with Wall Street estimates, based on a survey of analysts by LSEG:

• Earnings per share: $1.20, adjusted vs. $1.07 expected
• Revenue: $7.85 billion vs. $7.89 billion expected

For the fourth quarter, PayPal is calling for "low single-digit growth." Analysts were expecting growth of 5.4% to $8.46 billion in revenue. The investor deck says guidance reflects a "price-to-value strategy and prioritization of profitable growth."