PayPal Upgraded Ahead Of First Stand-Alone Earnings

By | October 27, 2015

Scalper1 News

PayPal (PYPL) is set to report after the close Wednesday its first earnings since its spinoff from eBay (EBAY). Analysts expect the payments processor to report $22.7 billion in Q3 revenue, up 10% from the year-earlier quarter. Earnings per share minus items are expected to see a 7% bump to 29 cents from 27 cents, according to analysts polled by Thomson Reuters. PayPal stock was down 2% in midday trading in the stock market today, near 35.50. In a Scalper1 News

Scalper1 News