PayPal (PYPL) Q2 Earnings Beat Estimates, Revenues Rise Y/Y

PayPal Holdings, Inc. (PYPL) reported non-GAAP earnings of $1.19 per share for second-quarter 2024, which improved 36% on a year-over-year basis. The figure surpassed the Zacks Consensus Estimate by 23.96%.Net revenues of$ 7.9 billion exhibited year-over-year growth of 9% on an FX-neutral basis and 8% on a reported basis. The figure topped the Zacks Consensus Estimate by 1.04%.Growing transaction revenues drove year-over-year top-line growth in the reported quarter. Accelerating U.S. and international reven ...