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 ...

This other stock has an easier and more immediate path to strong returns.When I first heard that PayPal Holdings (PYPL 2.90%) was going public, I couldn't wait to get my hands on shares -- literally. Instead of waiting, I purchased shares of its parent company, eBay, ahead of PayPal's spinoff. In 2015, that happened, giving me shares of PayPal on day one of trading.Shortly thereafter, I sold my shares of eBay, but I've held PayPal stock through thick and thin ever since. That changed this month: After nine ...

Analysts on Wall Street project that Paypal (PYPL) will announce quarterly earnings of $1.20 per share in its forthcoming report, representing an increase of 2.6% year over year. Revenues are projected to reach $7.5 billion, increasing 6.6% from the same quarter last year.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Before a company ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Paypal (PYPL) . This company, which is in the Zacks Internet - Software industry, shows potential for another earnings beat.This technology platform and digital payments company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise f ...