FXN - PayPal EPS beats by $0.20 beats on revenue

PayPal (PYPL): Q1 Non-GAAP EPS of $1.22 beats by $0.20; GAAP EPS of $0.92 beats by $0.28.Revenue of $6.03B (+30.5% Y/Y) beats by $130M.Total Payment Volume (TPV) of $285 billion, growing 50%, and 46% on an FX-neutral basis (FXN); revenue of $6.03 billion, growing 31%, and 29% on an FXN basis.Added 14.5 million Net New Active Accounts (NNAs); ended the quarter with 392 million active accounts.TPV expected to grow ~30% at current spot rates and on an FXN basis; revenue expected to grow ~20% at current spot rates and ~18.5% on an FXN basis, to ~$25.75 billion • GAAP EPS expected to be ~$3.33 compared to $3.54 in FY’20; non-GAAP EPS expected to grow ~21% to ~$4.70 • 52–55 million NNAs expected to be added in FY’21Shares +3.2%.Press Release

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PayPal EPS beats by $0.20, beats on revenue