PYPL
$244.36
Paypal
($1.93)
(.78%)
Earnings Details
1st Quarter March 2021
Wednesday, May 5, 2021 4:16:00 PM
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Summary

Paypal Beats

Paypal (PYPL) reported 1st Quarter March 2021 earnings of $1.19 per share on revenue of $6.0 billion. The consensus earnings estimate was $1.01 per share on revenue of $5.9 billion. The Earnings Whisper number was $1.11 per share. Revenue grew 30.6% on a year-over-year basis.

The company said in its earnings presentation it expects second quarter non-GAAP earnings of approximately $1.12 per share on revenue of approximately $6.25 billion. The current consensus earnings estimate is $1.10 per share on revenue of $6.16 billion for the quarter ending June 30, 2021. The company also said it now expects 2021 earnings of approximately $4.70 per share on revenue of approximately $25.75 billion. The company's previous guidance was earnings of approximately $4.54 per share on revenue of approximately $25.5 billion and the current consensus earnings estimate is $4.56 per share on revenue of $25.71 billion for the year ending December 31, 2021.

Results
Reported Earnings
$1.19
Earnings Whisper
$1.11
Consensus Estimate
$1.01
Reported Revenue
$6.03 Bil
Revenue Estimate
$5.90 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

PayPal Reports First Quarter 2021 Results

SAN JOSE, Calif., May 5, 2021 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced its first quarter 2021 results for the period ended March 31, 2021. The earnings release and related materials discussing these results can be found on its investor relations website at https://investor.pypl.com/financials/quarterly-results/default.aspx.

PayPal Holdings, Inc. will host a conference call to discuss these results at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) today. A live webcast of the conference call will be available at https://investor.pypl.com. In addition, an archive of the webcast will be accessible for 90 days through the same link.

About PayPal

PayPal has remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering more than 375 million consumers and merchants in more than 200 markets to join and thrive in the global economy. For more information, visit paypal.com.

Investor Relations Contact

Gabrielle Rabinovitch
grabinovitch@paypal.com

Jesse Kreger
jkreger@paypal.com 

Media Relations Contacts

Amanda Miller
amandacmiller@paypal.com

Josh Criscoe
jcriscoe@paypal.com

Cision View original content:http://www.prnewswire.com/news-releases/paypal-reports-first-quarter-2021-results-301284948.html

SOURCE PayPal Holdings, Inc.