PayPal Sees FY24 Non-GAAP EPS High Teens Growth, GAAP EPS $3.92-$3.96; Sees Q4 Non-GAAP EPS Low to Mid-Single Digit Decrease
Portfolio Pulse from Benzinga Newsdesk
PayPal projects a high teens growth in FY24 non-GAAP EPS and a GAAP EPS range of $3.92-$3.96. However, it anticipates a low to mid-single digit decrease in Q4 non-GAAP EPS.
October 29, 2024 | 11:05 am
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PayPal projects strong growth in FY24 non-GAAP EPS but expects a decrease in Q4 non-GAAP EPS. GAAP EPS is estimated between $3.92 and $3.96.
The forecast of high teens growth in FY24 non-GAAP EPS is positive, but the expected decrease in Q4 non-GAAP EPS could offset this optimism in the short term. The GAAP EPS range provides a concrete target for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100