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Economic Outlook: PayPal earnings: Reaping the benefits of investments

When PayPal Holdings Inc. reports earnings next Wednesday, it will reap the rewards of some recent bets on payments players. The company has already told investors to brace for a much larger earnings impact than previously expected thanks to its strategic investments, which includes a bet on MercadoLibre Inc., a Latin American e-commerce player.

The company will also give updates on more business-focused investments, such as efforts to expand into offline commerce and grow revenue from the popular Venmo service.

What to expect

Earnings: Analysts surveyed by FactSet expect that PayPal PYPL, -1.03% earned an adjusted 69 cents a share during the second quarter, up from 58 cents a year earlier.

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