Save the date! Tuesday 29th October 2024, is when PayPal Holdings (NASDAQ: PYPL) will be sharing its eagerly awaited third quarter financial results. Investors and analysts will be able to gain valuable insights into the company's financial performance as the announcement is scheduled before market open.
According to financial analysts on Wall Street, the concern is likely to announce an estimated per share $1.07 profit for the quarter. Additionally, the company is anticipated to reveal a total revenue of $7.89 billion during this period.
Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $31.93 billion. Additionally, they expect the company to post profit of $4.46 per share for the fiscal year.
When looking back at the corresponding quarter from the previous year, the company's earnings report showcased a per-share income of $1.3. This was attributed to the company's total revenue, which amounted to an impressive $7.42 billion during that same period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.19 | +2.6% | 7.89 B | +8.2% |
| Q1 2024 | $1.08 | -7.7% | 7.70 B | +9.4% |
| Q4 2023 | $1.48 | +19.4% | 8.03 B | +8.7% |
| Q3 2023 | $1.30 | +20.4% | 7.42 B | +8.4% |
| Q2 2023 | $1.16 | +24.7% | 7.29 B | +7.1% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 29th October 2024 at 08:00 AM eastern time to discuss Q3 financial results.
PayPal Holdings (PYPL) experienced a trading range of $81.40 to $82.80, along with a total volume of 7.20 million shares during the day. The stock concluded Friday's regular trading session at $81.70, reflecting an increase of 0.38 percent.
