PayPal Holdings Inc. expects to report a pretax loss of $228 million, or $177 million on an after-tax basis, on its strategic investments in the quarter ended Sept. 30.
The company estimates the associated negative impact on third-quarter EPS to be 15 cents. As disclosed in July, PayPal's full-year and third-quarter non-GAAP EPS guidance included an estimated benefit of about 3 cents in the third quarter from unrealized gains relating to its strategic investment portfolio.
