=PayPal (PYPL) reported earnings on Wed 25 July 2018 (a/h)

PayPal beats by $0.02, beats on revs; guides Q3 EPS in-line, revs below consensus; guides FY18 EPS in-line, revs in-line 

• Reports Q2 (Jun) earnings of $0.58 per share, excluding non-recurring items, $0.02 better than the Capital IQ Consensus of $0.56; revenues rose 23.0% year/year to $3.86 bln vs the $3.81 bln Capital IQ Consensus.
  • 7.7 million active accounts added, with net new active accounts up 18%
  • 2.3 billion payment transactions, up 28% $139 billion in total payment volume (TPV), up 29%, or 27% on an FX-neutral basis
  • 35.7 payment transactions per active account on a trailing twelve months basis, up 9%
• Co issues guidance for Q3, sees EPS of $0.53-0.55, excluding non-recurring items, vs. $0.54 Capital IQ Consensus Estimate; sees Q3 revs of $3.62-3.67 bln vs. $3.71 bln Capital IQ Consensus Estimate.
• Co issues in-line guidance for FY18, sees EPS of $2.32-2.35, excluding non-recurring items, vs. $2.34 Capital IQ Consensus Estimate; sees FY18 revs of $15.3-15.5 bln vs. $15.39 bln Capital IQ Consensus Estimate.

PayPal announces $10 bln share repurchase along with earnings