PayPal sees 24% revenue growth in its latest quarter; shares fall on outlook [TechCrunch Blog]
Synchrony Financial (SYF)
Last synchrony financial earnings: 4/21 06:30 am
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Source: TechCrunch Blog
0 SHARES Next Story Facebook reduces time spent by 2 min/user/day to push well-being PayPal beat The Street when it reported fourth-quarter earnings after the bell on Wednesday. The global payments giant surpassed analyst expectations for both sales and profit. PayPal reported $3.71 billion in revenue on a foreign-exchange neutral basis, or 24% growth from the same period last year. Analysts were expecting $3.63 billion in revenue for the quarter. Adjusted earnings per share were 55 cents, compared to the 52 cents that Wall Street forecast. But shares later ticked down as much as 14% in after-hours trading, likely due to a guidance forecast that just missed the mark. PayPal is expecting its overall revenue for the year to be between $15 billion and $15.25 billion. The midpoint was beneath what analysts surveyed by Yahoo Finance had been forecasting, with $15.16 billion. Other estima
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SYF
News
- SYNCHRONY SKILLS ACADEMY AND THE KNOWLEDGE HOUSE PREPARE UNDERSERVED ADULTS FOR THE DIGITAL ECONOMYPR Newswire
- Don't Buy a House in These 10 Cities Until You Start Collecting Social Security [Yahoo! Finance]Yahoo! Finance
- May 8, 2024: Highest CD Rates Today: Earn 5% Or More [Forbes]Forbes
- Synchrony Extends Partnership with Affordable Care Offering CareCredit to PatientsPR Newswire
- Synchrony Financial (NYSE: SYF) was upgraded by analysts at Keefe, Bruyette & Woods from a "market perform" rating to an "outperform" rating. They now have a $62.00 price target on the stock, up previously from $45.00.MarketBeat
SYF
Earnings
- 4/24/24 - Beat
SYF
Sec Filings
- 5/6/24 - Form 4
- 5/2/24 - Form 144
- 4/25/24 - Form 10-Q
- SYF's page on the SEC website