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Seeking Clues to Paypal (PYPL) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics
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In its upcoming report, Paypal (PYPL - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.31 per share, reflecting a decline of 2.2% compared to the same period last year. Revenues are forecasted to be $8.7 billion, representing a year-over-year increase of 3.3%.
The current level reflects an upward revision of 0.1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
That said, let's delve into the average estimates of some Paypal metrics that Wall Street analysts commonly model and monitor.
Analysts expect 'Net Revenues- Revenues from other value added services' to come in at $885.49 million. The estimate points to a change of -1.1% from the year-ago quarter.
The combined assessment of analysts suggests that 'Net Revenues- Transaction revenues' will likely reach $7.82 billion. The estimate suggests a change of +4% year over year.
The collective assessment of analysts points to an estimated 'Total Payment Volume (TPV)' of $489.44 billion. The estimate compares to the year-ago value of $458.09 billion.
It is projected by analysts that the 'Transaction margin' will reach 44.6%. The estimate compares to the year-ago value of 46.0%.
According to the collective judgment of analysts, 'Active accounts' should come in at 440 . Compared to the current estimate, the company reported 438 in the same quarter of the previous year.
Over the past month, shares of Paypal have returned +8.9% versus the Zacks S&P 500 composite's no change. Currently, PYPL carries a Zacks Rank #4 (Sell), suggesting that it may underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Seeking Clues to Paypal (PYPL) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics
In its upcoming report, Paypal (PYPL - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.31 per share, reflecting a decline of 2.2% compared to the same period last year. Revenues are forecasted to be $8.7 billion, representing a year-over-year increase of 3.3%.
The current level reflects an upward revision of 0.1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
That said, let's delve into the average estimates of some Paypal metrics that Wall Street analysts commonly model and monitor.
Analysts expect 'Net Revenues- Revenues from other value added services' to come in at $885.49 million. The estimate points to a change of -1.1% from the year-ago quarter.
The combined assessment of analysts suggests that 'Net Revenues- Transaction revenues' will likely reach $7.82 billion. The estimate suggests a change of +4% year over year.
The collective assessment of analysts points to an estimated 'Total Payment Volume (TPV)' of $489.44 billion. The estimate compares to the year-ago value of $458.09 billion.
It is projected by analysts that the 'Transaction margin' will reach 44.6%. The estimate compares to the year-ago value of 46.0%.
According to the collective judgment of analysts, 'Active accounts' should come in at 440 . Compared to the current estimate, the company reported 438 in the same quarter of the previous year.
View all Key Company Metrics for Paypal here>>>Over the past month, shares of Paypal have returned +8.9% versus the Zacks S&P 500 composite's no change. Currently, PYPL carries a Zacks Rank #4 (Sell), suggesting that it may underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .