PayPal (PYPL): Earnings Preview - RBC

October 17, 2016 6:50 AM EDT
Get Alerts PYPL Hot Sheet
Price: $41.69 -1.51%

Rating Summary:
    26 Buy, 15 Hold, 3 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 25 | Down: 28 | New: 8
Trade PYPL Now!
Join SI Premium – FREE

Find out which companies are about to raise their dividend well before the news hits the Street with's Dividend Insider Elite. Sign-up for a FREE trial here.

Mizuho Securities analyst, Neil Doshi, reiterated his Buy rating on shares of PayPal (NASDAQ: PYPL) ahead of 3Q16 results scheduled after the close on Thursday, October 20.

The analyst expects 3Q revenue and EPS results to be in-line with Street expectations. He is looking for revenue and non-GAAP EPS of $2.66b/$0.35, which is in-line with Street expectations of $2.65b/ $0.35.

The focus will likely be on details of the financial impact of the V/MA partnerships, capital allocation, and any changes to 2016 guidance. No change to the price target of $46.

For an analyst ratings summary and ratings history on PayPal click here. For more ratings news on PayPal click here.

Shares of PayPal closed at $39.24 yesterday.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Analyst Comments, Analyst EPS View

Related Entities


Add Your Comment