Great article, would you like to share it?Will Paypal (PYPL) Beat Estimates Again in Its Next Earnings Report?
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Paypal . This company, which is in the Zacks Internet - Software industry, shows potential for another earnings beat.This technology platform and digital payments company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 17.53%.For the last reported quarter, Paypal came out with earnings of $1.20 per share versus the Zacks Consensus Estimate of $1.08 per share, representing a surprise of 11.11%. For the previous quarter, the company was expected to post earnings of $0.96 per share and it actually produced earnings of $1.19 per share, delivering a surprise of 23.96%.For Paypal, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's posi
Will Paypal (PYPL) Beat Estimates Again in Its Next Earnings Report?Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.