PYPL is expected to report third quarter earnings tonight after the close. IBM reported second quarter earnings at 4:05pm EST. There is a conference call scheduled for 5:00pm. PYPL typically updates quarter and full year guidance in press release

Capital IQ consensus calls for EPS of $0.43 and Revenue consensus of $3.18 bln.

Third Quarter 2017 Rev and EPS Guidance

  • PayPal expects revenue to grow 18% - 20% on an FX-neutral basis, to a range of $3.140 - $3.190 billion vs vs. $3.13 bln Capital IQ Consensus Estimate.
  • PayPal expects non-GAAP earnings per diluted share in the range of $0.42 - $0.44 vs. $0.42 Capital IQ Consensus Estimate

Full Year 2017 Rev and EPS Guidance

  • Co saw FY17 EPS of $1.80-1.84, excluding non-recurring items, vs. $1.78 Capital IQ Consensus 
  • Co saw FY17 revs of $12.775-12.875 bln vs. $12.72 bln Capital IQ Consensus Estimate.



Technically, PYPL has been a leader with its +70% gain YTD, if earnings disappoint, then some profit-taking/selling is expected to kick in below the $66-level (rising 20day ma). Next key support lies near its 50-day moving average around the 63/62 vicinity, followed by key support in the 58/60 zone.