PayPal Holdings: Q3 Earnings Insights

Shares of PayPal Holdings PYPL decreased 5.75% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 75.41% year over year to $1.07, which beat the estimate of $0.94.

Revenue of $5,459,000,000 rose by 24.69% from the same period last year, which beat the estimate of $5,430,000,000.

Guidance

PayPal Sees FY20 Total Payment Volume Growth ~30%, Sales Growth 20-21% Year Over Year, Adj. EPS Growth 27-28%

How To Listen To The Conference Call

Date: Nov 02, 2020

Time: 05:00 PM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.pypl.com%2F&eventid=2625404&sessionid=1&key=00C04B5AAB8955D958A92A6D6DD81910&regTag=&sourcepage=register

Recent Stock Performance

Company's 52-week high was at $215.83

52-week low: $82.07

Price action over last quarter: down 4.19%

Company Profile

PayPal was spun off from eBay in 2015 and provides electronic payment solutions to merchants and consumers, with a focus on online transactions. The company had over 300 million active accounts at the end of 2019, including 20 million merchant accounts. The company also owns Xoom, an international money transfer business, and Venmo, a person-to-person payment platform.