PayPal (PYPL) Tops Q3 EPS by 2c; Guides FY15 EPS Inline

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Detailed Review of PayPal's (PYPL) First Earnings and Analyst Wrap

October 29, 2015 1:36 PM EDT

PayPal (NASDAQ: PYPL) reported its first quarter as an independent company last evening and we had a chance to review a number of sell side notes. Analysts for the most part are looking through the top line miss and expecting the earnings support to carry the stock higher as volumes continue to improve. Notes from the call, key metrics and analyst commentary follows:

Paypal reported quarterly results with revenue missing consensus by less than 1%. Weaker China and Europe were to blame for the revenue miss but improving margins more than... More

PayPal (PYPL) Reaffirms Guidance Following Solid 3Q; Canaccord Genuity Reiterates Buy

October 29, 2015 10:29 AM EDT

Canaccord Genuity reiterated a Buy rating on PayPal (NASDAQ: PYPL), and raised the price target to $44.00 (from $43.00), following the company's 3Q earnings report. PayPal reported solid Q3 results, with revenue missing consensus by less than 1% and EPS beating by 6%. PayPal communicated that the... More

Paypal (PYPL) Misses Out of the Gate as Take Rates Decline

October 29, 2015 9:09 AM EDT

PayPal (NASDAQ: PYPL) missed consensus revenue by 1% although EPS of $0.31 beat consensus of $0.29 as PYPL delivered 200bps of operating margin expansion. Total Payment Volume (TPV) in constant currency grew 27% as the take-rate declined to 3.24% from 3.39%. Even as the take rate declined, PYPL expanded operating margins 200bps... More

Baird Reiterates Outperform on PayPal (PYPL) Following 3Q

October 29, 2015 8:38 AM EDT

Baird reiterated an Outperform rating and $45.00 price target on PayPal (NASDAQ: PYPL) following the company's 3Q15 earnings results and conference call. On the call, management indicated that investments in the technology stack are starting to bear fruit. More specifically, PayPal OneTouch is now offered... More

PayPal (PYPL) Reported a 3Q EPS Beat; RBC Capital Reiterates Outperform

October 29, 2015 7:36 AM EDT

RBC Capital reiterated an Outperform rating and $46.00 price target on PayPal (NASDAQ: PYPL) following the company's 3Q earnings results. PayPal reported Q3/15 adjusted EPS of $0.31, $0.02 above the Street's estimate.

Analyst Daniel Perlin commented, "In general, we believe that PayPals first stand-alone... More

FX Headwinds Negatively Effect 3Q Results for PayPal (PYPL); Compass Point Reiterates Buy

October 29, 2015 6:54 AM EDT

Compass Point reiterated a Buy rating and $45.00 price target on PayPal (NASDAQ: PYPL) following the company's 3Q15 earnings results. Revenue of $2.26B rose 15% YOY and 19% on an FX neutral basis, missing consensus of $2.28B, as FX-headwinds negatively impacted transaction revenues.

Analyst Michael... More

PayPal (PYPL) Margins, Revenue Boost Due to Renegotiated Terms; Evercore Maintains at 'Sell'

October 29, 2015 6:34 AM EDT

Evercore ISI affirms PayPal (Nasdaq: PYPL) at Sell with a price target of $31 following Q3 results reported Wednesday night.

Analyst Ken Sena noted the following:

Favorable Synchrony effect is recurring, as PYPL expects ~75% of the $37mm Synchrony payment quarterly now... More