PYPL
$101.10
Paypal
$1.99
2.01%
Earnings Details
2nd Quarter June 2022
Tuesday, August 2, 2022 4:16:00 PM
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Summary

Paypal Beats

Paypal (PYPL) reported 2nd Quarter June 2022 earnings of $0.96 per share on revenue of $6.8 billion. The consensus earnings estimate was $0.85 per share on revenue of $6.8 billion. The Earnings Whisper number was $0.90 per share. Revenue grew 9.1% on a year-over-year basis.

The company said in its earnings presentation it expects third quarter non-GAAP earnings of $0.94 to $0.96 per share on revenue of approximately $6.80 billion. The current consensus earnings estimate is $0.99 per share on revenue of $7.08 billion for the quarter ending September 30, 2022. The company also said it now expects 2022 non-GAAP earnings of $3.87 to $3.97 per share on revenue of approximately $27.85 billion. The company's previous guidance was earnings of $3.81 to $3.93 per share and the current consensus earnings estimate is $3.92 per share on revenue of $28.36 billion for the year ending December 31, 2022.

Results
Reported Earnings
$0.96
Earnings Whisper
$0.90
Consensus Estimate
$0.85
Reported Revenue
$6.81 Bil
Revenue Estimate
$6.81 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

PayPal Reports Second Quarter 2022 Results

SAN JOSE, Calif., Aug. 2, 2022 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced its second quarter 2022 results for the period ended June 30, 2022. 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 429 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 Contacts

Gabrielle Rabinovitch
grabinovitch@paypal.com

Ryan Wallace
ryanwallace@paypal.com

Media Relations Contacts

Amanda Miller
amandacmiller@paypal.com

Josh Criscoe
jcriscoe@paypal.com

 

Cision View original content:https://www.prnewswire.com/news-releases/paypal-reports-second-quarter-2022-results-301598417.html

SOURCE PayPal Holdings, Inc.