PayPal (PYPL) Tops Q3 EPS by 13c, Offers Guidance

PayPal (NASDAQ: PYPL) reported Q3 EPS of $1.07, $0.13 better than the analyst estimate of $0.94. Revenue for the quarter came in at $5.46 billion versus the consensus estimate of $5.43 billion.

Guidance:

• FY’20: Raising TPV and earnings guidance; delivering record NNAs
• • FY’20 TPV growth now expected to be approximately 30%; revenue growth now expected in the range of 20%–21%, and 21%–22% FXN
• • FY’20 GAAP EPS growth now expected in the range of 37%–38% and non-GAAP EPS growth in the range of 27%–28%
• • Approximately 70 million NNAs expected to be added to PayPal’s platform in FY’20

For earnings history and earnings-related data on PayPal (PYPL) click here.

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