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3 Biggest Takeaways From PayPal’s First Post-eBay Earnings Report

PayPal (PYPL) reported its first quarter earnings since separating from eBay (EBAY - Get Report) , and the results were pretty mixed.

The San Jose-based payments company reported revenue of $2.26 billion, up 14% year over year, and earnings of 31 cents per share. Analysts were expecting revenue of $2.27 billion with earnings of 29 cents a share, according to Thomson Reuters estimates.

PayPal (PYPL) provided guidance for the full financial year of 2015, anticipating revenue to grow 15% to 18% on an FX neutral, non-GAAP pro forma basis and for earnings per share to come in between $1.23 and $1.27.

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"PayPal is entirely focused on digital payments and transforming money for people around the world. This clear focus and our strong value proposition allowed us to deliver strong financial results in the third quarter," PayPal CEO Dan Schulman said in a statement.

Must Read: PayPal Stock Is Down Post-Spinoff, but Don't Count It Out

Shares were down 4.85% to $34.75 in pre-market trading on Thursday.

Here are the three key takeaways from PayPal's third-quarter report:

Growing the Audience

PayPal is successfully expanding both its customer base and its merchant base. The company added 4 million new active users in the quarter, bringing its total...