Jul. 28 at 11:13 AM
$PYPL
- PAYPAL BEATS, RAISES FY OUTLOOK
*Q2 EPS:
$1.38 vs.
$1.28 est.
*Revenue:
$8.68B vs.
$8.47B est.
*Payment Volume:
$486.5B vs.
$468.5B est.
Outlook
*FY adj. EPS: Raised to ~
$5.38 (vs.
$5.31 est.)
*Q3 adj. EPS: Low-single-digit decline expected.
Capital Return & Cost Cuts
*Dividend:
$0.14/share
*Buybacks:
$6B planned for FY
*Cost savings: At least
$1.5B over the next 2–3 years.
