Thursday 21 July 2016

PayPal Q2 EPS estimated at $0.36 on revenues of $2.6 bn


Category: Stock Market


PayPal Holdings Inc (NASDAQ:PYPL) Q2 EPS estimated at $0.36 on revenues of $2.6 bn.The U.S. online payments firm to report after the market closes Thursday.PayPal was spun off from eBay in July 2015; no comparable year-earlier figures.EPS in Q1 came in at $0.37 on revenues of $2.54 billion.PayPal active customer base stood at 184 million at the end of the first quarter.PayPal rumoured to be takeover target; Visa touted as suitor.

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