PayPal Holdings, Inc. (PYPL) is slated to report fourth-quarter 2023 results on Feb 7.The company’s portfolio strength has been helping it to maintain a deep and trusted relationship with merchants and consumers. Its two-sided platform helps develop direct financial relationships with customers and merchants.These factors are expected to have contributed well to the Total Payment Volume (“TPV”), which is one of PayPal's key growth metrics.In the last reported quarter, TPV improved 15% year over year on a sp ...

PayPal Holdings, Inc. (PYPL) is scheduled to report fourth-quarter 2023 results on Feb 7.For the fourth quarter, the company projects year-over-year revenue growth of 6-7% on a spot rate basis and 7-8% on a currency-neutral basis. The Zacks Consensus Estimate for revenues is pegged at $7.88 billion, indicating an improvement of 6.8% from the prior-year quarter’s reported figure.PayPal projects non-GAAP earnings at $1.36 per share, suggesting growth of 10% on a year-over-year basis. The Zacks Consensus Estim ...

Parkev Tatevosian, CFA has positions in PayPal. The Motley Fool has positions in and recommends PayPal. The Motley Fool recommends the following options: short March 2024 $67.50 calls on PayPal. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Key PointsPayPal stock has been beaten down in the past few months, creating an underperformance gap against the rest of the sector,Management has now devised a plan to spark the turnaround and 'catch up' to the rest of the pack, particularly competitors like Block. Analysts see the upside in the name, which could be pushed higher on the coming earnings announcement.5 stocks we like better than BlockThe market is currently at a tipping point, whether investors at large want to admit it or not. With the majo ...

PayPal’s (NASDAQ:PYPL) Jan. 30 announcement that it was cutting 9% of its global workforce (about 2,500 employees) did not surprise investors. Much of the PayPal stock analysis, since Alex Chriss was appointed as CEO of the digital payments company last August, revolved around the changes required to make it a more agile company. “Today, I am writing to share the difficult news that we will be reducing our global workforce by approximately 9% through both direct reductions and the elimination of open roles ...

In its upcoming report, Paypal (PYPL) is predicted by Wall Street analysts to post quarterly earnings of $1.36 per share, reflecting an increase of 9.7% compared to the same period last year. Revenues are forecasted to be $7.88 billion, representing a year-over-year increase of 6.8%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.4% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this ...

Key TakeawaysPayPal said Tuesday it is cutting 9% of its total workforce; its shares fell more than 1% a day after.The digital payment company cuts come as several tech companies, including Salesforce, Microsoft, Google, and Amazon, announce layoffs this month.Nick Bunker, economic research director at Indeed’s hiring lab, said that the "layoffs [do] not represent what was happening in the rest of the U.S. labor market" as companies "adjust to the current economic outlook after a burst of hiring in 2021."Pa ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Paypal (PYPL) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 7. On ...

PayPal (NASDAQ:PYPL) is the latest company to announce that it’s carrying out layoffs, as its CEO, Alex Chriss, disclosed in an email to employees that it plans to eliminate 2,500 positions. The PayPal layoffs will reduce the fintech giant’s workforce by roughly 9%. The firm dismissed about 2,000 of its employees in 2023. More About the PayPal LayoffsChriss stated that the downsizing would be carried out “through both direct reductions and the elimination of open roles over the course of the year.” He added ...

智通财经APP获悉，PayPal(PYPL.US)将裁员约9%，因为去年9月份上任的CEO Alex Chriss正在努力应对日益激烈的竞争、利润压力以及分析师纷纷下调该公司评级。 Chriss在周二致员工的一封信中表示，这一决定是为了通过直接裁员和取消全年的空缺职位来“调整”公司的规模，受影响的员工将在本周末得到通知。 截至2022年底，PayPal雇佣了约29900名员工，去年1月宣布了类似的一轮裁员。这一最新举措将影响约2500名工人。 Chriss在信中表示，裁员将使公司“以满足客户需求和推动盈利增长所需的速度前进”。“与此同时，我们将继续投资于我们认为能够创造和加速增长的业务领域。” 这家支付巨头的股价在过去一年里暴跌了20%以上，原因是其收益不稳，而且该公司下调了调整后营业利润率的全年预期。PayPal去年任命Chriss接替Dan Schulman。 PayPal是支付行业的早期颠覆者，但苹果和Zelle等竞争对手后来纷纷涌入这一领域，PayPal难以跟上步伐。本月至少有四名分析师下调了该股评级，理由是从竞争加剧到盈利压力等一系列担忧。 Chriss在PayPal第三季度财报电话会议上表示，公司 ...