reported third-quarter income of 58 cents a share, beating analysts' expectations for the period.
According to a
First Call/Thomson Financial
survey, 11 analysts were looking for the company to earn 53 cents a share. The electronic-commerce and payment services company earned 48 cents a share in the year-ago period.
Revenue rose to $1.44 billion from $1.38 billion a year ago.
The company expects earnings for the year to be in a range of $2.09 to $2.14 a share compared with its earlier expectations of $2.02 to $2.07 a share. The Wall Street consensus estimate was $2.07 a share for the year.