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- Company news: PayPal (PYPL) quarterly earnings beat analysts’ estimates
Ekonomické zprávy
09.05.2023
Company news: PayPal (PYPL) quarterly earnings beat analysts’ estimates
PayPal (PYPL) reported Q1 FY2023 earnings of $1.17 per share (versus $0.88 per share in Q1 FY2022), beating analysts’ consensus estimate of $1.10 per share.
The company’s quarterly revenues amounted to $7.040 bln (+8.6% y/y), roughly in line with analysts’ consensus estimate of $6.988 bln.
The company also issued in-line guidance for Q2 FY2023, seeing EPS of $1.15-1.17 versus analysts’ consensus estimate of $1.17 and revenues of approx. +6.5-7.0% y/y versus analysts’ consensus estimate of $7.27 bln, or approx. +6.8% y/y.
For the full FY2023, PayPal sees EPS of ~$4.95 versus analysts’ consensus estimate of $4.89.
PYPL fell to $72.25 (-4 33%) in pre-market trading.
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