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PayPal Holdings Inc (PYPL.OQ)

PYPL.OQ on NASDAQ Stock Exchange Global Select Market

77.57USD
22 Nov 2017
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$-0.20 (-0.26%)
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Latest Key Developments (Source: Significant Developments)

PayPal raises Q4 revenue, EPS forecast after deal with Synchrony Financial
Thursday, 16 Nov 2017 10:03am EST 

Nov 16 (Reuters) - Paypal Holdings Inc :PayPal - sees Q4 revenue between $3.64 billion-$3.70 billion versus previous forecast $3.57 billion-$3.63 billion - Conf call.PayPal - sees Q4 EPS between 52 cents-59 cents versus previous forecast 37 cents-39 cents - Conf call.PayPal - sees 2018 revenue growth of about 16.5 percent versus previous forecast 20 percent - Conf call.PayPal - updates guidance to reflect impacts of deal with Synchrony Financial - Conf call.  Full Article

Synchrony Financial sees deal with PayPal EPS accretive in 2019
Thursday, 16 Nov 2017 08:59am EST 

Nov 16 (Reuters) - Synchrony financial :Synchrony financial says transaction with paypal not expected to impact current capital plan announced may 17- sec filing‍​.Synchrony financial - sees deal with paypal eps accretive in 2019.Synchrony financial - expects paypal deal to be $0.03 dilutive to eps in ‍4q17 due to pre-funding and deal-related expenses​.Synchrony financial - expects paypal deal to be $0.05 dilutive to eps in ‍1h18 due to pre-funding and onboarding costs​.Synchrony financial - expects paypal deal to be $0.20 dilutive to eps in ‍2h18 primarily due to allowance build​.Synchrony financial - post closing of deal with paypal, sees eps impact of about $0.20 dilutive in second half 2018, assuming july 1, 2018 close.  Full Article

PayPal and Synchrony Financial announce expanded strategic credit relationship
Thursday, 16 Nov 2017 08:00am EST 

Nov 16 (Reuters) - PayPal Holdings Inc :PayPal and Synchrony Financial announce expanded strategic credit relationship.Synchrony Financial - co will buy $6.8 billion in receivables, including PayPal's U.S. Consumer credit receivables portfolio.Synchrony Financial - ‍at closing, PayPal and Synchrony Bank will extend existing co-brand consumer credit card program agreement​.Synchrony Financial -‍ at closing,Synchrony Bank to become exclusive issuer of PayPal Credit online consumer financing program, in U.S. For 10 years​.  Full Article

PayPal announces ‍suspension of services by TIO Networks
Friday, 10 Nov 2017 05:23pm EST 

Nov 10 (Reuters) - PayPal Holdings Inc ::TIO Networks suspends operations to protect customers.Suspension of services by TIO is a result of PayPal's discovery of security vulnerabilities on TIO platform​.PayPal platform is not impacted in any way and PayPal's customers' data remains secure​.Upon discovery of vulnerability on TIO platform, co initiated internal investigation of TIO.Upon discovery of vulnerability on TIO platform, co engaged third-party cybersecurity expertise to review TIO's bill payment platform​.Focus of investigation will also include TIO's practices and representations prior to acquisition​.Suspension of TIO network's services is a result of PayPal's discovery of issues with TIO's data security program.  Full Article

PAYPAL HOLDINGS ANNOUNCES LAUNCH OF ITS DOMESTIC OPERATIONS IN INDIA​
Wednesday, 8 Nov 2017 12:00pm EST 

Nov 8 (Reuters) - PayPal Holdings Inc ::PAYPAL HOLDINGS INC - ‍PAYPAL HOLDINGS INC ANNOUNCED LAUNCH OF ITS DOMESTIC OPERATIONS IN INDIA​.  Full Article

PayPal launches domestic ops in India
Wednesday, 8 Nov 2017 12:10am EST 

Nov 8 (Reuters) - Paypal Holdings Inc :Says launches domestic operations in India.  Full Article

Paypal Q3 earnings per share $0.31
Thursday, 19 Oct 2017 04:10pm EDT 

Oct 19 (Reuters) - Paypal Holdings Inc ::Paypal reports third quarter 2017 results.Q3 non-gaap earnings per share $0.46.Q3 gaap earnings per share $0.31.Q3 earnings per share view $0.43 -- Thomson Reuters I/B/E/S.Sees FY 2017 revenue up 19 to 20 percent.Q3 revenue $3.239 billion versus I/B/E/S view $3.18 billion.Paypal Holdings Inc - qtrly transaction margin ‍54.8​ percent versus. 56.3 percent in q2.Paypal Holdings Inc - ‍in Q3, venmo processed approximately $9 billion of tpv, growing 93 pct over same period last year​.Paypal - in quarter, ‍8.2 million active customer accounts added, with net new actives up 88 pct​.Paypal holdings inc - in quarter, ‍1.9 billion payment transactions, up 26 pct​.Paypal - sees ‍FY gaap earnings per share in range of $1.34 - $1.36 and non-gaap earnings per share in range of $1.86 - $1.88​.Paypal - in quarter, ‍$114 billion in total payment volume (tpv), up 30 pct, or 29 pct on an fx-neutral basis​.Fy2017 earnings per share view $1.84, revenue view $12.86 billion -- Thomson Reuters I/B/E/S.  Full Article

PayPal drew down $800 mln under revolving credit facility
Thursday, 28 Sep 2017 05:13pm EDT 

Sept 28 (Reuters) - PayPal Holdings Inc :PayPal - ‍On sept 26, co drew down $800 million under revolving credit facility pursuant to previously disclosed credit and guarantee agreement​.PayPal Holdings Inc - Borrowing under facility bears interest at a rate equal to one-month libor plus a margin of 1.125% - SEC filing.PayPal Holdings Inc - ‍Following drawdown, remaining availability under facility is approximately $1.2 billion​.  Full Article

Bank of America, Paypal partner to enable in-store payments and account linking
Wednesday, 26 Jul 2017 04:15pm EDT 

July 26 (Reuters) - Paypal Holdings Inc ::Bank Of America and Paypal partner to enable in-store payments and account linking.Says ‍agreement will offer joint customers a secure way to pay online, in apps and in stores​.Paypal Holdings Inc - ‍agreement will take effect immediately​.Paypal Holdings Inc - ‍agreement will take effect immediately, with new experiences available to Bank Of America customers in first half of 2018​.  Full Article

Paypal sees FY 2017 revenue up 18 to 19 pct
Wednesday, 26 Jul 2017 04:05pm EDT 

July 26 (Reuters) - Paypal Holdings Inc ::Paypal reports second quarter 2017 results and raises financial guidance for full year.Q2 GAAP earnings per share $0.34.Sees FY 2017 revenue up 18 to 19 percent.Q2 revenue $3.136 billion versus I/B/E/S view $3.09 billion.Q2 earnings per share view $0.43 -- Thomson Reuters I/B/E/S.Paypal Holdings Inc - 6.5 million active customer accounts added with net new additions up 80% in quarter.Paypal Holdings Inc - expects FY 2017 GAAP earnings per diluted share in range of $1.32 - $1.36.Paypal Holdings Inc - expects FY 2017 non-GAAP earnings per diluted share in range of $1.80 - $1.84.Paypal Holdings Inc - expects Q3 revenue to grow 18% - 20%.Paypal Holdings Inc - expects Q3 GAAP earnings per diluted share in range of $0.30 - $0.32 and non-GAAP earnings per diluted share in range of $0.42 - $0.44.Q3 earnings per share view $0.42, revenue view $3.13 billion -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $1.78, revenue view $12.72 billion -- Thomson Reuters I/B/E/S.Paypal holdings inc - expects FY 2017 revenue to range between $12.775 billion - $12.875 billion.  Full Article

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