PayPal raises 2017 forecasts on growth in users, payment volumes
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PayPal (PYPL) Tops Q2 EPS by 3c; Raises Outlook
July 26, 2017 4:14 PM EDTPayPal (NASDAQ: PYPL) reported Q2 EPS of $0.46, $0.03 better than the analyst estimate of $0.43. Revenue for the quarter came in at $3.14 billion versus the consensus estimate of $3.09 billion.
6.5 million active customer accounts added with net new additions up 80%Ended the quarter with 210 million active customer accounts, including 17 million merchant accounts1.8 billion payment transactions, up 23%32.3 payment transactions per active account on a trailing twelve months basis, up 10%$106 billion in total payment volume (TPV), up 23%, or 26% on an... More