PayPal: share buybacks announced with Q4 results
(CercleFinance.com) - On its quarterly earnings call, PayPal announces that its Board of Directors has authorized a new $15bn share repurchase program, in addition to the $4.
86bn remaining from the previous program. NB: pmt -6%.
It reports Q4 2024 adjusted EPS that is up 5% to $1.19, as well as a non-GAAP operating margin that is down 34bp to 18%, on revenues that rose 4% to $8.4bn.
With FY adjusted EPS up 21% to $4.65, the payment solutions group expects this to rise to between $4.95 and $5.10 for FY 2025 (including $1.15 to $1.17 for Q1).
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