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PayPal Holdings Inc (PYPL.OQ)

PYPL.OQ on NASDAQ Stock Exchange Global Select Market

76.38USD
17 Nov 2017
Change (% chg)

$-1.32 (-1.70%)
Prev Close
$77.70
Open
$77.81
Day's High
$77.91
Day's Low
$75.81
Volume
3,315,313
Avg. Vol
2,413,446
52-wk High
$77.93
52-wk Low
$38.06

Latest Key Developments (Source: Significant Developments)

PayPal raises Q4 revenue, EPS forecast after deal with Synchrony Financial
Thursday, 16 Nov 2017 

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 

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 

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
Saturday, 11 Nov 2017 

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 

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 

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

Paypal Q3 earnings per share $0.31
Friday, 20 Oct 2017 

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 to acquire TIO networks
Wednesday, 15 Feb 2017 

Paypal Holdings Inc : Paypal to acquire TIO networks . Paypal to acquire TIO networks . Paypal Holdings Inc - deal for approximate $304 million cad ($233 million usd) equity value . Paypal Holdings Inc - deal for approximate $304 million cad . Paypal Holdings Inc says intends to fund transaction with cash on its balance sheet . Paypal Holdings Inc- purchase price represents a premium of 25.2pct to TIO'S 90-trading day volume-weighted average price as of February 13, 2017 . Paypal Holdings Inc - there will be no change to paypal's previously communicated fiscal 2017 guidance . Paypal Holdings Inc - deal for 3.35 cad ($2.56 usd) per share in cash . Upon closing of acquisition, TIO will operate as a service within Paypal . Paypal Holdings Inc says transaction has been approved by boards of directors of each of TIO and Paypal . Paypal Holdings Inc - there will be no change to Paypal's previously communicated three-year outlook based on acquisition of TIO . Paypal intends to fund transaction with cash on its balance sheet .Paypal Holdings Inc- acquisition is expected to close in second half of 2017.  Full Article

Paypal strikes deal with Mastercard to allow payments in stores - WSJ
Tuesday, 6 Sep 2016 

: PayPal strikes deal with Mastercard to allow payments in stores - WSJ .Mastercard will drop the digital wallet fee it charges PayPal, give volume discounts as part of the deal - WSJ.  Full Article

Paypal Q2 GAAP earnings per share $0.27
Friday, 22 Jul 2016 

Paypal Holdings Inc : Qtrly active customer accounts of 188 million, up 11% . Q3 earnings per share view $0.35, revenue view $2.61 billion -- Thomson Reuters I/B/E/S . 1.4 billion transactions processed in q2 up 25% . Says Q2 $86 Bln In Total Payment Volume (Tpv), Up 28% On A Spot Basis, And 29% On An Fx-Neutral basis . 17% at current spot rates and 19% - 20% on an fx-neutral basis for 2016 . Paypal reports strong second quarter results and raises revenue outlook . Sees q3 2016 non-gaap earnings per share $0.33 to $0.35 . Sees fy 2016 non-gaap earnings per share $1.47 to $1.50 . Sees fy 2016 gaap earnings per share $1.11 to $1.14 . Sees q3 2016 gaap earnings per share $0.25 to $0.27 . Sees fy 2016 revenue $10.75 billion to $10.85 billion . Sees fy 2016 revenue up 16 to 17 percent . Sees q3 2016 revenue up 16 to 18 percent . Q2 revenue $2.65 billion versus i/b/e/s view $2.6 billion . Q2 gaap earnings per share $0.27 . Q2 earnings per share view $0.36 -- Thomson Reuters I/B/E/S . Fy2016 earnings per share view $1.49, revenue view $10.70 billion -- Thomson Reuters I/B/E/S . Gaap operating margin of 20% .Paypal holdings inc says q2 active customer accounts of 188 million, up 11%.  Full Article

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PayPal to sell U.S. credit assets, raises fourth quarter forecasts

PayPal Holdings Inc said it would sell its $5.8 billion-worth U.S. credit portfolio to Synchrony Financial and raised its current-quarter revenue and profit forecasts, sending the company's shares to a record high.