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Compared to Estimates, Paypal (PYPL) Q2 Earnings: A Look at Key Metrics
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Paypal (PYPL - Free Report) reported $7.89 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 8.2%. EPS of $1.19 for the same period compares to $1.16 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $7.8 billion, representing a surprise of +1.04%. The company delivered an EPS surprise of +23.96%, with the consensus EPS estimate being $0.96.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Paypal performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Total Payment Volume (TPV): $416.81 billion versus the five-analyst average estimate of $419.54 billion.
Transaction margin: 45.8% versus 43.3% estimated by five analysts on average.
Transaction take rate: 1.7% compared to the 1.7% average estimate based on five analysts.
Total take rate: 1.9% versus the four-analyst average estimate of 1.9%.
Transaction expense rate: 1% compared to the 1% average estimate based on three analysts.
Active accounts: 429 versus the three-analyst average estimate of 428.
Number of payment transactions: 6,580 compared to the 6,908 average estimate based on two analysts.
Transaction and Credit loss rate: 0.1% versus 0.1% estimated by two analysts on average.
Revenues from other value added services: $732 million versus $720.45 million estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +0.1% change.
Transaction revenues: $7.15 billion versus $7.06 billion estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +9.1% change.
Shares of Paypal have returned +2% over the past month versus the Zacks S&P 500 composite's +0.1% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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Compared to Estimates, Paypal (PYPL) Q2 Earnings: A Look at Key Metrics
Paypal (PYPL - Free Report) reported $7.89 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 8.2%. EPS of $1.19 for the same period compares to $1.16 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $7.8 billion, representing a surprise of +1.04%. The company delivered an EPS surprise of +23.96%, with the consensus EPS estimate being $0.96.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Paypal performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Total Payment Volume (TPV): $416.81 billion versus the five-analyst average estimate of $419.54 billion.
- Transaction margin: 45.8% versus 43.3% estimated by five analysts on average.
- Transaction take rate: 1.7% compared to the 1.7% average estimate based on five analysts.
- Total take rate: 1.9% versus the four-analyst average estimate of 1.9%.
- Transaction expense rate: 1% compared to the 1% average estimate based on three analysts.
- Active accounts: 429 versus the three-analyst average estimate of 428.
- Number of payment transactions: 6,580 compared to the 6,908 average estimate based on two analysts.
- Transaction and Credit loss rate: 0.1% versus 0.1% estimated by two analysts on average.
- Revenues from other value added services: $732 million versus $720.45 million estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +0.1% change.
- Transaction revenues: $7.15 billion versus $7.06 billion estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +9.1% change.
View all Key Company Metrics for Paypal here>>>Shares of Paypal have returned +2% over the past month versus the Zacks S&P 500 composite's +0.1% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.