PayPal's Earnings Projected at $1.20/Share

PayPal Holdings, Inc. (PYPL) is projected to post earnings of $1.20 per share for the current quarter, indicating a year-over-year change of +2.6%. The earnings estimate for the current fiscal year is $5.10 per share, showing no change from the previous year. Over the last 30 days, this estimate has seen a slight increase of +0.5%. For the upcoming fiscal year, the earnings estimate is $5.62 per share, a change of +10.1% from the expected report of the current year. This estimate has changed +1.6% over the past month.

The sales estimate for PayPal for the current quarter is $7.5 billion, pointing to a year-over-year change of +6.6%. The estimates for the current and next fiscal years are $31.94 billion and $34.46 billion, indicating changes of +7.3% and +7.9%, respectively. In the last reported quarter, PayPal reported revenues of $8.03 billion, a year-over-year change of +8.7%. The EPS for the same period was $1.48, compared to $1.24 a year ago.

PayPal is set to announce its earnings on April 30, 2024. The latest estimate predicts a revenue of $7.5 billion, up 6.6% from the prior-year quarter. The full-year estimates for PYPL are projecting earnings of $5.10 per share and revenue of $31.94 billion, representing year-over-year changes of 0% and +7.28%, respectively.