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-0.000258167851253128 -0.000258167851253128 -0.00131191418289869 -0.00262909709745578 -0.00131191418289869 -0.00815599660693671 -0.0107956311677089 -0.00500002634365824
Stock impact report

PayPal Names New CEO as Outlook, Results Disappoint. The Stock Is Tumbling [Yahoo! Finance]

HP Inc. (HPQ) 
Last hp inc. earnings: 2/24 04:05 pm Check Earnings Report
US:NYSE Investor Relations: h30261.www3.hp.com
Company Research Source: Yahoo! Finance
PayPal pointed to weakness in its branded checkout operations, and said it expects profits to decline in the first quarter and full year. PayPal shares tumbled Tuesday after the payments provider's fourth-quarter results and outlook came in short of Wall Street analysts' estimates. The company also named a new CEO. Shares were down over 18% recently, among the worst-performing stocks in the S&P 500 and Nasdaq as they sank to their lowest point since early 2017. PayPal said Tuesday that it generated $8.68 billion in revenue in the fourth quarter, along with adjusted earnings per share of $1.23. Both figures missed analysts' projections compiled by Visible Alpha. Interim CEO Jamie Miller said the company's "execution has not been where it needs to be," especially in its branded checkout operations, where PayPal is provided as an option for checking out on a retailer's website. PayPal said its underperformance in branded checkout was "driven by weakness in US retail, internation Show less Read more
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