UPDATE 2-PayPal quarterly profit beats estimates [Reuters]
PayPal Holdings, Inc. (PYPL)
Last paypal holdings, inc. earnings: 1/29 04:15 pm
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Source: Reuters
PayPal quarterly profit beats estimates | Reuters 3 Min Read (Reuters) - PayPal Holdings Inc ( PYPL.O ) on Wednesday reported a second-quarter profit that beat analysts’ estimates, but its forecast for third-quarter revenue came up short. Net income rose to $526 million, or 44 cents per share, in the second quarter ended June 30, from $411 million, or 34 cents per share, a year earlier. Revenue rose to $3.86 billion from $3.13 billion. Excluding one-time items, the company earned 58 cents per share, beating the average analyst estimate of 57 cents, according to Thomson Reuters I/B/E/S. For the third quarter, PayPal said it expects revenue between $3.62 billion and $3.67 billion, falling short of the analysts’ $3.71 billion estimate. Shares of PayPal fell 4.9 percent to $86.90 after the bell. Since separating from online marketplace eBay Inc in 2015, San Jose, California-based PayPal has been striving to become more than just a checkout button on e-commerce platforms. It has been exp
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PYPL
Earnings
- 4/30/24 - Beat
PYPL
Sec Filings
- 5/9/24 - Form DEFA14A
- 5/6/24 - Form DEFA14A
- 5/2/24 - Form DEFA14A
- PYPL's page on the SEC website