PayPal shares climb on Q2 earnings, upbeat outlook

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 48 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 63%

Paypal 뉴스

Profit Outlook,Quarter Earnings,PYPL

PayPal (PYPL) is drawing investor attention after reporting second quarter earnings that beat expectations on both revenue and profit. The company reported...

) is drawing investor attention after reporting second quarter earnings that beat expectations on both revenue and profit. The company reported revenue of $7.89 billion, surpassing estimates of $7.82 billion. Adjusted earnings per share also beat projections, coming in at $1.19 compared to analyst estimates of $1.00.

There you're taking a look at shares a PYPL up by about 8.8% here, and I mean I was I was pretty excited to talk about PayPal here this morning. Um, because we did see a little bit of movement there on the, um, payment transactions per active accounts, uh, actually increasing by about 11%.The payment transactions increased 8% during the second quarter by about 8%.So all of that considered, we're gonna get a few reads on the consumer, whether that be where they're spending or digitally how they might be spending as we are with PayPal here today.

But when it comes to some of these results here from PayPal, their second quarter transaction margin growth margin growth of 8% that exceeded the street's expectations and Mizuho writing that even exceeded the rosiest expectations.So we're seeing the jump here at the open up just more than eight, and the biggest move to the upside that we have seen in November of 2022.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 47. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Microsoft & Starbucks earnings, JOLTS: What to watchEarnings reports will be released for the following companies: Microsoft (MSFT), Procter & Gamble (PG), AMD (AMD), Starbucks (SBUX), PayPal (PYPL), JetBlue (...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »