Thursday, January 26, 2017

PayPal Issues Guidance; Q4 Profit Matches Estimates

PayPal Holdings, Inc. (PYPL) announced, for 2017, the company expects: revenue to grow 15 - 17% at current spot rates and 17 - 19% on an FX-neutral basis, to a range of $12.450 - $12.650 billion; GAAP earnings per share in the range of $1.26 - $1.31 and non-GAAP earnings per share in the range of $1.69 - $1.74. Analysts polled by Thomson Reuters expect the company to report profit per share of $1.73 on revenue of $12.62 billion.

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