PayPal (PYPL) Tops Q4 EPS by 1c; Approves $2B Common Stock Buyback Plan

PayPal (NASDAQ: PYPL) reported Q4 EPS of $0.36, $0.01 better than the analyst estimate of $0.35. Revenue for the quarter came in at $2.6 billion versus the consensus estimate of $2.51 billion.

PayPal's Board of Directors authorized a $2 billion stock repurchase program, demonstrating the business’ substantial cash flow generation and management’s confidence in long-term growth.

GUIDANCE:

PayPal sees FY2016 EPS of $0.34-$0.36, versus the consensus of $0.35.

PayPal sees FY2016 EPS of $1.45-$1.50, versus the consensus of $1.49.

For earnings history and earnings-related data on PayPal (PYPL) click here.

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