Paypal: Analysts Forecast Q2 Revenues Of $6.26 Billion
Paypal (NASDAQ: PYPL) will be reporting its second quarter financial results today after market close. Analysts have a consensus $320.70 12-month price target on the company, via a total of 53 analysts, with 18 analysts having strong buy ratings. 27 analysts meanwhile have buy ratings and, eight analysts have hold ratings. The street high comes in at a $375 price target, and the lowest target sits at $175 from Seaport Global.
37 analysts have revenue estimates for the second quarter. The mean revenue estimate between all 37 analysts is $6.26 billion; this number has been flat since the start of the year. The highest revenue estimate is $6.53 billion, while the lowest is $6 billion.
The analyst consensus for net income for the second quarter is $1.33 billion, this is flat since the start of the year. The highest net income estimate is $1.5 billion, while the lowest is $1.15 billion.
Onto EBITDA estimates, there are currently 14 analysts who have second-quarter EBITDA estimates. The mean is currently $1.87 billion, with this number having been flat since the start of the year. The street high estimate currently sits at $2.05 billion in EBITDA and the lowest is $1.76 billion.
Analysts estimate that quarterly earnings per share will come in at $1.13, with this number the same since the start of the year. Street high is $1.27 and the lowest estimate is $0.97 per share for the quarter.
Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.