PayPay Corp reports results for the quarter ended September 30 - Earnings Summary

• PayPay Corp reported quarterly adjusted earnings of JPY25.42​​ per share for the quarter ended September 30. The mean expectation of six analysts for the quarter was for earnings of JPY32.22 per share. Wall Street expected results to range from JPY28.36 to JPY38.56 per share.

• Revenue was JPY118.12 billion​; analysts expected JPY116.84 billion.

• PayPay Corp's reported EPS for the quarter was JPY25.42​.

• The company reported quarterly net income of JPY17.31 billion.

• PayPay Corp shares had fallen by 8.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.7% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the business support services peer group is also "buy"

• Wall Street's median 12-month price target for PayPay Corp is $23.00, about 36% above its last closing price of $14.71

This summary was machine generated from LSEG data November 4 at 01:01 a.m. UTC. ​All figures in yen unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)