PayPal Earnings Preview: Here’s What To Expect
- Date: 04-May-2021
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
PayPal Earnings Preview: Here’s What To Expect
PayPal Holdings (PYPL) is scheduled to report first-quarter 2021 earnings on May 5 after the market closes. Over the past three months, shares of the online payments company have risen 7.1% to its most recent close of $259.09. A strong fiscal performance could send shares on an upward trajectory, so let’s take a closer look at what analysts on the Street are expecting.
Earnings Preview
In the prior quarter, PayPal provided its financial outlook for the first quarter and FY21. In 1Q, PYPL expects revenues to rise 26% year-on-year excluding foreign currency fluctuations. The company anticipates non-GAAP diluted EPS to increase by around 50% year-on-year.
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