PayPal's (PYPL) second-quarter results are likely to reflect its portfolio strength and growing momentum across various sizes of businesses.
Beyond analysts' top -and-bottom-line estimates for Paypal (PYPL), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2024.
PayPal stock has taken a hit as its margins have fallen over the past several years. The company looks to turn things around and expand its position in key markets under new CEO Alex Chriss.
A U.K. Treasury department spokesperson said the government will set out plans to regulate "buy now, pay later" plans "shortly." This echoed comments from Tulip Siddiq, the new economic secretary to the U.K. Treasury, to Parliament earlier in the week.
PayPal Holdings is set to release its second-quarter earnings report, with analysts anticipating a slight decrease in EPS. Despite the negative sentiment, we think PayPal's headwinds are priced in, and a quality second-quarter earnings report is likely. PayPal's long-term growth prospects will likely remain intact due to the firm's dominant market share, loyal users, and thriving subsidiaries.
Paypal (PYPL) reachead $59.71 at the closing of the latest trading day, reflecting a -1.74% change compared to its last close.
Paypal (PYPL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
William Blair weighed in on two fintech stocks. It lowered its rating for PayPal but upgraded Block.
Arista Networks, Corning, PayPal, Paycom and Twilio are included in this Analyst Blog.
Here, we have picked five tech stocks, Arista Networks (ANET), Corning (GLW), PayPal (PYPL), Paycom Software (PAYC) and Twilio (TWLO), which are likely to pull off earnings surprises in second-quarter 2024.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.