PayPal Holdings (NASDAQ:PYPL) reported its Q2 earnings results on Tuesday, August 2, 2022 at 04:16 PM.
Here’s what investors need to know about the announcement.
Earnings
PayPal Holdings beat estimated earnings by 8.14%, reporting an EPS of $0.93 versus an estimate of $0.86.
Revenue was up $568.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 11.48% increase in the share price the next day.
Here’s a look at PayPal Holdings’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.88 | 1.12 | 1.07 | 1.13 |
| EPS Actual | 0.88 | 1.11 | 1.11 | 1.15 |
| Revenue Estimate | 6.40B | 6.86B | 6.23B | 6.27B |
| Revenue Actual | 6.48B | 6.92B | 6.18B | 6.24B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
PayPal Holdings management provided guidance for FY 2022, expecting earnings between $3.87 and $3.97 per share.
To track all earnings releases for PayPal Holdings visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
