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. ...

Paypal (PYPL) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $1.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 23.96%. A quarter ago, it was expected that this technology platform and digital payments company would post earnings of $1.20 per share when it actually produced earnings of $1.40, delivering a surprise of 16.67%.Over the ...

After posting an impressive beat in its Q2 earnings report, PayPal (NASDAQ: PYPL) stock has surged 7.06% in the pre-market trading.As of the July 29 close, PYPL stock is valued at $58.94 after adding 1.12% in the latest trading session, countering the losses of 2.90% from the previous five trading days.If the pre-market gains hold, PYPL stock could again trade in the green in 2024, as currently, it shows a 4.10% decrease from the January 1 price. PYPL stock 24-hour price chart. Source: FinboldWhat exactly d ...

PayPal Second Quarter 2024 Performance Financial results & company highlights July 30, 2024 © 2024 PayPal Holdings, Inc. Non-GAAP Financial Measures This presentation contains non-GAAP measures relating to our performance. These measures may exclude certain expenses, gains and losses that may not be indicative of our core operating results and business outlook, and, in each case, may be different from the non-GAAP financial measures used by other companies. The presentation of this financial information, wh ...

PayPal Reports Second Quarter 2024 Results PayPal delivers strong second quarter results and raises full-year guidance SAN JOSE, Calif., (July 30, 2024) – PayPal Holdings, Inc. (NASDAQ: PYPL) today reported results for the second quarter ending June 30, 2024. "PayPal delivered a strong second quarter and first half, and I'm confident we're on the right track. We delivered our best transaction margin dollar growth since 2021, and we are making steady progress on our strategic transformation, while investing ...

SAN JOSE, Calif., July 30, 2024 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced its second quarter 2024 results for the period ended June 30, 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 5:00 a.m. Pacific time (8:00 a.m. Eastern time) today. A live webcast of t ...