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PayPal bulls take just a few in profits after strong Q4

Published 01/31/2018, 04:21 PM
© Reuters.  PayPal bulls take just a few in profits after strong Q4
PYPL
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  • Q4 total payment volume of $131B was up 32%, or 29% on a FX-neutral basis. Merchant services TPB up 36%, or 33% FX-neutral. eBay volume up 10%, or 7% FX-neutral, and represented 13% of overall TPV vs. 16% a year ago.
  • Person-to-Person volume of $27B up 50%, representing 20% of TPV. Venmo processed $10.4M in payment volume, up 86%.
  • Also announced is the inking of a term sheet with eBay in which PayPal (NASDAQ:PYPL) will continued to be featured at checkout through 2023.
  • Full-year guidance includes revenue growth of 15-17% and non-GAAP EPS of $2.24-$2.30.
  • Conference call at 6 ET
  • Previously: PayPal beats by $0.03, beats on revenue (Jan. 31)
  • PYPL -1.9% after hours
  • Now read: Crypto Looms Over PayPal's Next Earnings Report


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