PayPal shares closed at $53.29, up 2.15% and outpacing a 0.59% decline in the S&P 500. Ahead of its upcoming earnings report, the company is forecast to post earnings of $1.32 per share, a 1.49% decline from the year-ago quarter, on revenue of $8.7 billion, up 3.38%. For the full year, consensus estimates project earnings of $5.38 per share and revenue of $34.66 billion, representing changes of +1.32% and +4.48% respectively. Over the past 30 days the consensus EPS estimate has risen 0.2%, and PayPal currently carries a Zacks Rank #3 (Hold). The stock trades at a forward P/E of 9.69, a discount to its industry average of 13.34, with a PEG ratio of 1.11.
PayPal Holdings IncAnalysts forecast $1.32 EPS and $8.7B revenue ahead of earnings, with consensus EPS estimate up 0.2% over 30 days and a Zacks Rank #3 Hold.
