PayPal (PYPL) Tops Q3 EPS by 13c, Offers Guidance
PayPal (NASDAQ: PYPL) reported Q3 EPS of $1.20, $0.13 better than the analyst estimate of $1.07. Revenue for the quarter came in at $7.85 billion versus the consensus estimate of $7.88 billion.
Financial Guidance
| Presented in millions, except per share data and percentages | October 2024 Guidance | July 2024 Guidance | Prior year period | |||||||||||
4Q'24 | ||||||||||||||
| Revenue | Low single-digit growth Reflects impact of price-to-value strategy and prioritization of profitable growth | N/A | $8,026 | |||||||||||
| GAAP EPS | $1.03 - $1.07 | Implied: ~$1.052 | $1.29 | |||||||||||
Non-GAAP EPS1 | Low to mid-single-digit decrease Reflects elevated marketing spend to support key initiatives and new products | Implied: Mid-single-digit decrease2 | $1.14 | |||||||||||
FY'24 | ||||||||||||||
GAAP EPS3 | $3.92 - $3.96 | $3.88 - $3.98 | $3.84 | |||||||||||
| Non-GAAP EPS | High teens growth | Low to mid-teens growth | $3.83 | |||||||||||
Please see "Non-GAAP Financial Measures" and "Non-GAAP Measures of Financial Performance" for reconciliations of non-GAAP financial measures to the most directly comparable GAAP financial measures and important additional information.
For earnings history and earnings-related data on PayPal (PYPL) click here.