PayPal Holdings, Inc. (NASDAQ:PYPL) is reporting third quarter earnings results on Monday 2nd November 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.94 per share.
For the full year, analysts predict revenues of $ 21409.10 million, while looking forward to income of $ 3.74 per share.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ 0.76 ~ $ 0.76 per share, while revenues are expected in a range of $ 5,384.94 million ~ $ 5,384.94 million
Full Year 2020 topline are forecasted in a range of$ 21,326.40 million ~ $ 21,326.40 million, where as bottomline are predicted in a range of $ 3.88 ~ $ 3.88 per share
Click Here For More Historical Outlooks Of PayPal Holdings, Inc.
Previous Quarter Performance
PayPal Holdings, Inc. unfold income for the second quarter of $ 1.07 per share, from the revenue of $ 5,261.00 million. The consensus estimates are income of $ 0.86 per share from $ 4950.00 million in revenue. The bottom line results beat street analysts by $ 0.21 or 24.42 percent, at the same time, top line results outshined analysts by $ 311.00 million or 6.28 percent.
Stock Performance
On Friday, shares of PayPal Holdings, Inc. has traded high as $ 195.33 and has cracked $ 182.92 on the downward trend, reaching $ 186.13 with volume of 12.04 million shares.
According to the previous trading day, closing price of $ 186.13, representing a 137.65 % increase from the 52 week low of $ 82.07 and a 9.63 % decrease over the 52 week high of $ 215.83.
The company has a market capital of $ 218.39 billion and is part of the Financial Services sector and Credit Services industry.
Recent Analyst recommendations
- On 8th October 2020, maintained by KeyBanc at Overweight rating, with $ 230.00 target price.
Conference Call
PayPal Holdings, Inc. will be hosting a conference call at 5:00 PM eastern time on 2nd November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.paypal.com
PayPal Holdings, Inc. operates as a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants worldwide. Its payment solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and iZettle products.
