PayPal (NASDAQ:PYPL – Get Free Report) is set to issue its quarterly earnings data before the market opens on Tuesday, October 29th. Analysts expect the company to announce earnings of $1.07 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.
PayPal (NASDAQ:PYPL – Get Free Report) last announced its quarterly earnings results on Tuesday, July 30th. The credit services provider reported $1.19 EPS for the quarter, beating the consensus estimate of $0.99 by $0.20. PayPal had a return on equity of 22.82% and a net margin of 14.30%. The firm had revenue of $7.89 billion for the quarter, compared to analyst estimates of $7.82 billion. During the same quarter last year, the firm posted $0.83 earnings per share. The business’s revenue for the quarter was up 8.2% on a year-over-year basis. On average, analysts expect PayPal to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.
PayPal Stock Up 0.4 %
Shares of PayPal stock opened at $81.70 on Monday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.24 and a quick ratio of 1.24. The stock has a market cap of $85.46 billion, a price-to-earnings ratio of 20.58, a PEG ratio of 1.50 and a beta of 1.44. The firm’s 50-day moving average is $75.65 and its two-hundred day moving average is $67.17. PayPal has a 1 year low of $50.25 and a 1 year high of $82.80.
Analysts Set New Price Targets
View Our Latest Research Report on PayPal
About PayPal
PayPal Holdings, Inc operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards.
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