PayPal Holdings Inc. (NASDAQ:PYPL) Q1 2024 Earnings Conference Call April 30, 2024 8:30 AM ET Company Participants Alex Chriss - President, Chief Executive Officer Jamie Miller - Executive Vice President, Chief Financial Officer Ryan Wallace - Head of Investor Relations Conference Call Participants Tien-Tsin Huang - JP Morgan Darrin Peller - Wolfe Research Timothy Chiodo - UBS Ramsey El-Assal - Barclays Jason Kupferberg - Bank of America Mike Ng - Goldman Sachs Bryan Keane - Deutsche Bank James Faucette - M ...

Paypal (PYPL) reported $7.7 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 9.4%. EPS of $1.40 for the same period compares to $1.17 a year ago.The reported revenue represents a surprise of +2.59% over the Zacks Consensus Estimate of $7.5 billion. With the consensus EPS estimate being $1.20, the EPS surprise was +16.67%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expecta ...

Paypal (PYPL) came out with quarterly earnings of $1.40 per share, beating the Zacks Consensus Estimate of $1.20 per share. This compares to earnings of $1.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.67%. A quarter ago, it was expected that this technology platform and digital payments company would post earnings of $1.36 per share when it actually produced earnings of $1.48, delivering a surprise of 8.82%.Over the l ...

PayPal Holdings, Inc., the American multinational fintech company just released its earnings report today for the first quarter of FY24.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.The company’s Q1 net revenues increased 9% to $7.7 billion. Transaction margin dollars increased by 4% to $3.5 billion. According to an announcement made by the company on February 7, 2024, PayPal’s non-GAAP results are based on a new methodology that includes the impact ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

SAN JOSE, Calif., April 30, 2024 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced its first quarter 2024 results for the period ended March 31, 2024. The earnings release and related materials discussing these results can be found on PayPal's investor relations website at https://investor.pypl.com/financials/quarterly-results/default.aspx. PayPal Holdings, Inc. will host a conference call to discuss these results at 5:30 a.m. Pacific time (8:30 a.m. Eastern time) today. A live webcast of ...

Exhibit 99.1 PayPal Reports First Quarter 2024 Results San Jose, California ½ April 30, 2024 ½ NASDAQ: PYPL Q1’24 revenue increased 9% to $7.7 billion; 10% on a currency-neutral basis (FXN) Q1’24 GAAP EPS increased 18% to $0.83; non-GAAP EPS increased 27% to $1.08 (based on new non-GAAP methodology as described below) “We delivered a solid set of results in Q1 and I’m encouraged by the progress the team is making against PayPal’s go-forward strategy and in strengthening our foundation. 2024 remains a transi ...

PayPal Holdings, Inc. (PYPL) is slated to report first-quarter 2024 results on Apr 30.The company’s portfolio strength has been helping it maintain a deep and trusted relationship with merchants and consumers. Its two-sided platform helps develop direct financial relationships with customers and merchants.Increasing user engagements on PayPal’s platform, owing to a continuous shift in customer preference toward contactless payments, have been acting as a tailwind.Strong monetization efforts of Venmo are lik ...

InvestorPlace‘s Omor Ibne Ehsan recommended fintech stocks, which “have been Wall Street’s wallflowers for what seems like an eternity now.” I agree 100%, as they can sprout in the right conditions. Among fintech firms, I’m picking PayPal (NASDAQ:PYPL) because largely disregarded PayPal stock is the perfect wallflower pick in 2024.From payments processing to cross-border money transfers, PayPal is well known to merchants and consumers on multiple continents. Wall Street disregards PayPal due to its intense ...

martin-dm/E+ via Getty Images Investment Thesis I believe PayPal's (NASDAQ:PYPL) conservative reset of expectations for this quarter (via the guidance they gave last quarter) sets the company up for a strong buy despite recent underwhelming quarters. The fintech’s upcoming earnings announcement has set expectations at a consensus EPS estimate at $1.22, up 4.31% YoY. Revenue estimates stand at $7.52 billion, a 6.77% rise YoY. I attribute this to the company’s strategy of offering a more attainable perfor ...