PayPal (PYPL) is scheduled to release its second-quarter 2024 results on Jul 30.The company’s upcoming results are expected to reflect portfolio strength, which has been helping it maintain a deep and trusted relationship with merchants and consumers.Market uncertainties, high inflation, unfavorable foreign exchange fluctuations and sluggish trends in consumer spending are likely to have been concerning.For second-quarter 2024, PayPal expects revenues to grow 6.5% on a spot rate basis and 7% on a currency-n ...

The upcoming report from Paypal (PYPL) is expected to reveal quarterly earnings of $0.96 per share, indicating a decline of 17.2% compared to the year-ago period. Analysts forecast revenues of $7.78 billion, representing an increase of 6.8% year over year.The consensus EPS estimate for the quarter has been revised 0.4% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Ahead of a com ...

Core Viewpoint - The U.K. government is preparing to implement stricter regulations on the "buy now, pay later" (BNPL) industry to protect consumers and provide certainty for the sector [1][2]. Group 1: Regulatory Developments - The new Labour government in the U.K. will soon announce updated plans for regulating the BNPL industry, as confirmed by a Treasury department spokesperson [1]. - Tulip Siddiq, the new economic secretary to the U.K. Treasury, indicated that the government aims to collaborate with stakeholders and will outline its plans shortly [1]. - The push for regulation follows previous delays in the legislative roadmap, with initial plans set out in 2021 after a review highlighted that over 10% of BNPL customers were in arrears [1]. Group 2: Industry Characteristics - BNPL plans allow consumers to purchase items and defer payments, typically requiring one-third of the purchase value upfront, with remaining payments due over the next two months [2]. - Most BNPL companies generate revenue by charging fees to merchant partners per transaction, rather than through interest or late payment fees, although some do impose missed payment fees [2]. - The lack of standardization among BNPL providers has led to calls for regulation, particularly as younger consumers are accumulating debt from multiple providers without the means to repay [2].

Leadership Change - Enrique Lores appointed as new Independent Chair of PayPal's Board of Directors, succeeding John Donahoe who is retiring after serving since 2015 [1] - Lores has been President and CEO of HP Inc and served on PayPal's Board since June 2021 [1] - Alex Chriss, President and CEO of PayPal, praised Lores' expertise in consumer and enterprise technology and his experience in transforming HP [1] - Donahoe expressed confidence in Lores' ability to lead PayPal's Board and guide the company's future success [1] Company Overview - PayPal has been revolutionizing global commerce for over 25 years [2] - The company creates innovative experiences to make moving money, selling, and shopping simple, personalized, and secure [2] - PayPal operates in approximately 200 markets, empowering consumers and businesses to thrive in the global economy [2]

Tom Werner PayPal Holdings, Inc. (NASDAQ:PYPL) is set to release its second-quarter earnings report before the market opens on July 30th. The event is much anticipated, given that PayPal has experienced a series of downward earnings revisions before its release. Moreover, PayPal stock's beta coefficient of 1.6 echoes its volatility, meaning an earnings surprise could lead to significant movement in the firm's stock price. Our Previous Rating (Seeking Alpha) We last covered PayPal in October, arguing t ...

In the latest market close, Paypal (PYPL) reached $59.71, with a -1.74% movement compared to the previous day. This change lagged the S&P 500's 0.16% loss on the day. On the other hand, the Dow registered a loss of 0.14%, and the technology-centric Nasdaq decreased by 0.06%.Shares of the technology platform and digital payments company have appreciated by 2.15% over the course of the past month, outperforming the Computer and Technology sector's gain of 0.47% and the S&P 500's gain of 1.96%.Analysts and inv ...

Chicago, July 18, 2024 (GLOBE NEWSWIRE) -- The Embedded Finance Market is estimated at USD 115.8 billion in 2024 to USD 251.5 billion by 2029, at a Compound Annual Growth Rate (CAGR) of 16.8% during the forecast period, according to a new report by MarketsandMarkets™. The market for embedded finance is fueled by the requirement to deliver financial services through platforms beyond traditional financial ones. They have made customers stick to their accounts and keep transacting with them by offering accessi ...

For Immediate ReleasesChicago, IL – July 18, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Arista Networks (ANET) , Corning (GLW) , PayPal (PYPL) , Paycom Software (PAYC) and Twilio (TWLO) .Here are highlights from Thursday’s Analyst Blog:5 Technology Stocks Poised to Beat Earnings Estimates in Q2The technology ...

The technology sector witnessed growth in the second quarter of 2024, driven by strong adoption of AI and machine learning as well as Generative AI (GenAI). The sector is riding on the ongoing digitalization wave. The rapid adoption of cloud computing, 5G, the Internet of Things, wearables, headsets supporting augmented and virtual reality technologies, drones and blockchain is expected to have aided sector participants.AI demand is escalating, and that has increased the need for data center capacity expans ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of ...