PayPal Beats 2015 Q4 Earnings Estimates

PayPal Holdings Inc. (PYPL - Snapshot Report) just released their fourth quarter fiscal 2015 earnings results, posting earnings of $0.32 and revenue of $2.6 billion. 

Currently, PYPL has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below.
 
PayPal:
                           
1. Beat earnings estimates. The company posted $0.32, beating our Zacks Consensus Estimate of $0.28. PayPal’s EPS figure excludes $0.02 from non-recurring items.
 
2. Beat revenue estimates. The company saw revenue figures of $2.6 billion, surpassing our estimate of $2.507 billion.
 
3. Regarding revenues, PayPal saw growth of 17%, including 1 point from the acquisition of Xoom.
 
4. "We exited 2015 with great momentum," said Dan Schulman, President and CEO of PayPal. "Our strong results reflect PayPal's progress in delivering on our strategy to drive the digital payments revolution. In the face of a slow global economy and foreign exchange headwinds, PayPal exceeded its full year revenue, earnings, and free cash flow commitments to shareholders. As money becomes digital and the world goes mobile, we see tremendous opportunity ahead to expand our leadership, transform the way people move and manage their money and deliver increased value to shareholders."
 
5. PYPL was up $1.56, or 4.94%, to $35.15 as of 4:54PM ET in after hours trading shortly after its earnings report was released.
 
Here’s a graph that looks at PayPal’s reported EPS totals of the last five quarters:
 

Paypal Inc. (PYPL - Snapshot Report) Reported EPS - Last 5 Quarters | FindTheCompany 

PayPal Holdings, Inc. is a technology platform company. The Company offers online payment solution which allows customers to pay and get paid, withdraw funds to their bank accounts and hold balances in their PayPal accounts in various currencies. It payment platform includes PayPal, PayPal Credit, Venmo and Braintree products. PayPal Holdings, Inc. is based in San Jose, California. PayPal was founded in 1998 and is headquartered in San Jose, California.