What to Expect From PayPal Holdings’ Upcoming Q2 Results?
<p>RBC Capital analysts provided their views on <a href='https://financialmodelingprep.com/financial-summary/PYPL'>PayPal Holdings, Inc. (NASDAQ:PYPL)</a> ahead of the company’s upcoming Q2 earnings, scheduled to be reported on August 2.</p>
<p>The analysts mentioned three key areas of focus: (1) the incremental FX headwinds associated with the strength in the U.S. dollar, which is estimated to be as much as $70 million in net revenues in Q2, (2) the potential further deterioration in e-commerce spending, (3) proof-points in the strategy pivot towards engagement and average revenue per account (ARPA).</p>
<p>The analysts lowered their Q2/22, full 2022-year and 2023 revenue/adjusted EPS to $6.7 billion/$0.87, $27.6 billion/$3.75, and $31.4 billion/$4.60 from $6.8 billion/$0.89, $28.2 billion/$3.90, and $32.4 billion/$5.25, respectively. As a result, their price target moved to $92 from $110.</p>

NASDAQ:PYPL