PayPal Q4 Non-GAAP EPS, revenue beats, FY23 guidance raised
Sean Gallup/Getty Images News


PayPal (NASDAQ:PYPL): Q4 Non-GAAP EPS of $1.24  beats by $0.04.
Revenue of $7.4B (+6.9% Y/Y)  beats by $10M.
Total Payment Volume of $357.4B, vs. $339.5B a year ago.
Transactions grew 13% Y/Y, surpassing 6B transactions.
Non-GAAP operating margin expansion of ~115bps; and non-transaction related expenses declined 6%.
The company is set to share a new metric related to engagement: monthly active unique users.
FQ1 revenue expected to grow ~9% FXN to ~$6.97B, vs. consensus of $7.00B.
EPS expected to be $1.08-$1.10, growing ~24% at the midpoint of the range, vs. vs. consensus of $1.07.
FY23 EPS expected to grow ~18% to ~$4.87; raised from "at least 15%," vs. consensus of $4.76.
Free cash flow expected to be ~$5.0B, and share repurchases expected to be ~75% of free cash flow. PYPL returned $4.2B to stockholders through share repurchases in 2022, which is 82% of its free cash flow.
Shares: -2.66%
Source: Press Release