PayPal Holdings Inc (NASDAQ:PYPL) and SoFi Technologies Inc (NASDAQ:SOFI) are fresh out of the earnings confessional. The former reported a third-quarter profit miss but beat on revenue, while the latter surpassed top- and bottom-line expectations and hiked its full-year guidance.At last glance, PYPL was down 6.1% to trade at $78.53, pivoting lower from yesterday's 52-week high of $83.70. The shares are on track to cut their three-day win streak short and are gapping below its 20-day moving average. PayPal ...

Paypal (PYPL) came out with quarterly earnings of $1.20 per share, beating the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $1.30 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.11%. A quarter ago, it was expected that this technology platform and digital payments company would post earnings of $0.96 per share when it actually produced earnings of $1.19, delivering a surprise of 23.96%.Over the ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and onl ...

SAN JOSE, Calif., Oct. 29, 2024 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced its third quarter 2024 results for the period ended September 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 ...

A PayPal sign is seen at its headquarters in San Jose, California, Jan. 30, 2024.PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in a bit light of expectations. Here's how the company did compared to Wall Street estimates, based on a survey of analysts by LSEG:Earnings per share: $1.20, adjusted vs. $1.07 expectedRevenue: $7.85 billion vs. $7.89 billion expectedRevenue increased about 6% in the quarter from $7.42 billion in the same period a year ago. PayPal reported ...

https://files.reportif PayPal Reports Third Quarter 2024 Results PayPal delivers strong third quarter results and full year guidance SAN JOSE, Calif., (October 29, 2024) – PayPal Holdings, Inc. (NASDAQ: PYPL) today reported results for the third quarter ending September 30, 2024. "PayPal delivered strong financial and operating results during a highly productive third quarter. We are making solid progress in our transformation as we bring new innovations to market, forge important partnerships with leading ...

PayPal Holdings Inc PYPL will be reporting its third-quarter earnings on Tuesday. Wall Street expects $1.07 in EPS as the company reports before market hours. The stock is up 63.13% over the past year, 35.50% YTD. Let's look at what the charts indicate for PayPal stock and how the stock currently maps against Wall Street estimates. PayPal Stock's Strong Bullish Trend Ahead Of Q3 Earnings PayPal's stock currently shows a strong bullish trend, trading above its five-day, 20-day and 50-day exponential moving a ...

PayPal’s (PYPL) third-quarter 2024 earnings, set to be released on Oct. 29, are expected to have benefited from an improving Total Payment Volume (TPV). The metric is expected to have gained from a strong relationship between the company and its merchants and consumers.PayPal’s two-sided platform helps develop direct financial relationships with customers and merchants. In second-quarter 2024, TPV improved 11% year over year on a spot rate, as well as on a currency-neutral basis, to $416.81 billion.The Zack ...

PayPal (PYPL) is set to report its third-quarter 2024 results on Oct. 29.PYPL expects mid-single-digit growth in revenues on a year-over-year basis for the to-be-reported quarter. Non-GAAP earnings are expected to exhibit high-single-digit growth year over year.The Zacks Consensus Estimate for third-quarter revenues is pegged at $7.86 billion, indicating an increase of 5.93% from the year-ago quarter’s reported figure.The consensus mark for earnings stands at $1.08 per share, up a couple of cents over the p ...

PayPal Holdings, Inc. (NASDAQ: PYPL ) stands as a top American fintech company, focusing on online payments and digital financial services. This article takes a closer look at PYPL, diving into some key issues along the way. We'll explore potential regulatory challenges from the Consumer The mission of Grassroots Trading rests on the following principles: providing objective, unbiased, and balanced research, backed by solid data and completely void of emotional influences or preference for companies; focusi ...