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Valued at a market cap of $83.6 billion, California-based PayPal Holdings, Inc. (PYPL) is a leading financial technology company facilitating digital payments for merchants and consumers worldwide. Its operations extend across numerous countries, making it a global player in the fintech industry. The fintech company is expected to announce its Q4 earnings before the market opens on Wednesday, Feb. 5.
Ahead of the event, analysts expect PayPal to report a profit of $1.11 per share, up marginally from $1.10 per share reported in the year-ago quarter. The company has surpassed Wall Street’s EPS estimates in each of the past four quarters. Its EPS of $1.20 for the last reported quarter exceeded the consensus estimates by 11.1%.