San Jose, CA-based PayPal (PYPL) , which is one of the largest online payment solution providers, came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of 96 cents per share. The reported figure compares with earnings of $1.16 per share a year ago.The company, which belongs to the Zacks Internet - Software industry, posted revenues of $7.89 billion in the second quarter (up 9% year over year on a currency-neutral basis), surpassing the Zacks Consensus Estimate by 1.04%.Pa ...

When investors think of stocks worthy of a second look or even a percentage allocation of their hard-earned capital, the technology sector and its run for artificial intelligence growth might come to mind first. However, not all stocks in the sector are made equal. While most have outperformed, there are still a few names that need to catch up.PayPal TodayPYPLPayPal$64.00 +5.06 (+8.59%) 52-Week Range$50.25▼$76.54P/E Ratio16.12Price Target$73.26Add to WatchlistAmong these is PayPal Holdings Inc. NASDAQ: PYPL ...

JHVEPhoto PayPal stock (NASDAQ:PYPL) has lost more than 10% of its value since key competitor Apple (AAPL) deepened its foray into consumer payment solutions with the launch of “Tap to Cash” in early June. Despite PayPal’s Q2 beat and raise, the stock’s responding uplift has yet to recover from its intra-quarter declines. As we had discussed in a previous coverage, Apple Pay’s deeper penetration into consumer payment solutions has come directly for PayPal’s Venmo monetization efforts this year. Admitted ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to . Commission file number 001-36859 PayPal Holdings, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 47-2989869 (State or Other Jurisdiction of In ...

JasonDoiy Second quarter results of PayPal Holdings, Inc. (NASDAQ:PYPL) showed that the fintech is making some minor progress in terms of combating account losses. PayPal also enjoyed double-digit growth in the important total payment volume metric, and now anticipates $1.0 billion more in free cash flow and share buybacks in 2024. The fintech also defended high operating margins exceeding 18% and forecasted stronger earnings growth than before 2Q24 earnings. Though I am still a bit skeptical about PayP ...

If the global consumer is showing signs of cutting spending, PayPal didn’t get that email. The digital payments and peer-to-peer platform on Tuesday (July 30) posted better than expected Q2 earnings and doubled down with increased revenue estimates for the rest of 2024.“We are continuing to innovate and create high converting experiences on both desktop and mobile and across platforms and devices,” CEO Alex Chriss said on the company’s earnings call. “We also continue engaging consumers post purchase with s ...

Key TakeawaysPayPal exceeded second-quarter profit and sales estimates, and raised its guidance and stock buybacks, powered by strong transactions.Transaction revenue beat forecasts, and transaction margin dollars were the most since 2021.Shares soared to move into positive territory for the year. PayPal Holdings (PYPL) shares shot higher Tuesday after the electronic payment service posted better-than-anticipated results and boosted both its guidance and stock buybacks on strong transaction gains. The compa ...

PayPal Holdings, Inc. (NASDAQ:PYPL) Q2 2024 Earnings Conference Call July 30, 2024 8:00 AM ET Company Participants Steve Winoker - Chief Investor Relations Officer Alex Chriss - President, CEO Jamie Miller - EVP, CFO Conference Call Participants Ramsey El-Assal - Barclays Darrin Peller - Wolfe Research Tien-Tsin Huang - JP Morgan Harshita Rawat - Bernstein Colin Sebastian - Baird Sanjay Sakhrani - KBW Dan Dolev - Mizuho Timothy Chiodo - UBS Jason Kupferberg - Bank of America James Faucette - Morgan Stanley ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Execution is key; the stock will eventually follow.In this video, I will go over PayPal's (PYPL 7.92%) second-quarter earnings report, which beat all the analysts' estimates. Even though it's up on the results, the stock still looks very cheap to me.*Stock prices used were from the trading day of July 29, 2024. The video was published on July 30, 2024. ...