PayPal's Payment Volume Rises at Start of ‘Transition Year' [Yahoo! Finance Canada]
PayPal Holdings, Inc. (PYPL)
Last paypal holdings, inc. earnings: 1/29 04:15 pm
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Source: Yahoo! Finance Canada
(Bloomberg) -- PayPal Holdings Inc.'s payment volume climbed 14% in the first quarter on increased consumer spending globally, giving a boost to the firm's shares in early trading. Most Read from Bloomberg Total payment volume was $403.9 billion in the first quarter, PayPal said in a statement Tuesday, topping analysts' estimates of $392.9 million. For all of 2024, the firm is expecting earnings per diluted share to be about $3.65, compared with $3.84 the prior year, when it included gains from the sale of Happy Returns — a firm that helps consumers return unwanted items — and from the company's investment portfolio. The forecast was lower than analysts are expecting. ADVERTISEMENT The company is expecting adjusted earnings per diluted share to increase “by a mid to high single-digit percentage” in 2024 from $3.83, based on new accounting methodology, last year. PayPal is seeking to curb expenses and right-size the business following a slew of acquisitions. The company over
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PYPL
News
- PayPal Holdings, Inc. (NASDAQ: PYPL) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- PayPal: Rewriting The Rules In A Transitional Year [Seeking Alpha]Seeking Alpha
- PayPal: A Great Value For Long-Term Investors [Seeking Alpha]Seeking Alpha
- Thumzup® Featured on KTLA After Launching its AdTech Platform in Hollywood [Yahoo! Finance]Yahoo! Finance
- Is PayPal a Millionaire Maker? [Yahoo! Finance]Yahoo! Finance
PYPL
Earnings
- 4/30/24 - Beat
PYPL
Sec Filings
- 5/20/24 - Form FWP
- 5/20/24 - Form 424B2
- 5/9/24 - Form DEFA14A
- PYPL's page on the SEC website