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Barchart
Barchart
Aditya Sarawgi

Earnings Preview: What To Expect From PayPal Holdings’ Report

PayPal PYPL

Valued at $71.3 billion by market cap, PayPal Holdings, Inc. (PYPL) has been a pioneer of the fintech industry for over two decades. While the San Jose-based fintech giant’s payment solutions serve people from diverse demographics, its mobile payment service Venmo has gained significant traction among the younger generations in recent years.

The payments processor is set to unveil its third-quarter results before the markets open on Tuesday, Oct. 28. Ahead of the event, analysts expect PYPL to report an adjusted EPS of $1.20, remaining flat year-over-year. On a more positive note, the company has a solid earnings surprise history. It has surpassed the Street’s bottom-line estimates in each of the past four quarters.

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