1 month ago
Stock Market

PayPal Holdings Inc Earnings beat, Revenue Inline In Q4

Investing.com - PayPal Holdings Inc (NASDAQ:PYPL) reported fourth quarter earnings that beat analysts' expectations

Investing.com - PayPal Holdings Inc (NASDAQ:PYPL) reported fourth quarter earnings that beat analysts' expectations on Wednesday and revenue that was inline with forecasts.

The firm reported earnings per share of $0.69 on revenue of $4.23B. Analysts polled by Investing.com forecast EPS of $0.67 on revenue of $4.23B. That compared to EPS of $0.55 on revenue of $3.74B in the same period a year earlier. The company had reported EPS of $0.58 on revenue of $3.68B in the previous quarter.

PayPal Holdings Inc shares lost 4.78% to trade at $88.00 in after-hours trade following the report.

PayPal Holdings Inc follows other major Financial sector earnings this month


On January 15, JPMorgan reported fourth quarter EPS of $1.98 on revenue of $26.8B, compared to forecasts of EPS of $2.2 on revenue of $26.84B.

Bank of America earnings beat analyst's expectations on January 16, with fourth quarter EPS of $0.7 on revenue of $22.74B. Investing.com analysts expected EPS of $0.63 on revenue of $22.35B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar