seekingalpha.com/article/...pal-great-disruptor-payment-space
Summary
PayPal reported its Q3 earnings, and it forecast Q4 results last week.
The top-line results were another significant upside. The earnings were a beat, but not a large one.
The company is benefiting hugely from its mobile payment strategy, which is driving revenue upsides and helping the company gain market share in the payments space.
The company's shares have reflected its success, having appreciated by 73% year to date.
The company's margin improvement is less than meets the eye and is strongly influenced by ballooning stock based comp expenditures.
Summary
PayPal reported its Q3 earnings, and it forecast Q4 results last week.
The top-line results were another significant upside. The earnings were a beat, but not a large one.
The company is benefiting hugely from its mobile payment strategy, which is driving revenue upsides and helping the company gain market share in the payments space.
The company's shares have reflected its success, having appreciated by 73% year to date.
The company's margin improvement is less than meets the eye and is strongly influenced by ballooning stock based comp expenditures.