PayPal Stock's Earnings Surprise: Time to Bet on the Fintech Giant?
PayPal(PYPL) InvestorPlace·2024-04-30 18:46
PayPal (NASDAQ:PYPL) is favored in the current market. Despite slowing user growth, it remains profitable with consistent 8% revenue growth, and earnings continue to expand at a rapid pace (up 27% this past quarter). Wall Street continues to overlook PayPal’s strengths, focusing on temporary user decline rather than the strong numbers the company has put forward.This past quarter was one the market seemed to like. PayPal reported its Q1 earnings before the bell today and beat on both revenue and total payme ...