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Wall Street’s Week Ahead, Part 2: Paypal Holdings Inc (PYPL), GoPro Inc (GPRO), and Gilead Sciences, Inc. (GILD)

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Analysts and investors have a lot to look forward to this week as earnings season rolls on. Here’s what you need to know ahead of earnings from Paypal Holdings Inc (NASDAQ:PYPL), GoPro Inc (NASDAQ:GPRO), and Gilead Sciences, Inc. (NASDAQ:GILD):

Paypal Holdings Inc

PayPal will announce third quarter earnings on Wednesday, October 28 after market close. For its first earnings report as a stand-alone company, analysts expect it to post earnings per share of $0.29 on revenue of $2.274 billion, compared to revenue of $1.95 billion in the same quarter of last year.

Some analysts claim management has set conservative estimates to give the company some leeway as it gains its footing as an independently traded entity. However analysts are optimistic and looking to several market opportunities for the company, such as mobile phone pay-as-you-go top ups and money transfers. Furthermore, analysts will be looking for closure of PayPal’s deal with Xoom. The $890 million acquisition is expected to bolster the company’s international presence.

According to the 18 analysts polled by TipRanks in the last 3 months, 11 are bullish on the payment platform, 3 are bearish, and 4 are...


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