What to Watch When PayPal Holdings Reports Earnings
PayPal Holdings (NASDAQ: PYPL) is scheduled to report its third-quarter earnings results on Thursday, Oct. 19, after market close. If the company's recent performance and guidance are any indication, this should be another strong quarter for the digital payment provider.
Management is calling for revenue growth of 18% to 20% for the third quarter, consistent with last year's third-quarter growth of 18%. As for the bottom line, management is calling for non-GAAP earnings per share to be in the $0.42-$0.44 range, which represents year-over-year growth of 20%.
IMAGE SOURCE: PAYPAL HOLDINGS
Source: Fool.com