PayPal Holdings Boosts FY24 Outlook - Update

RTTNews | vor 283 Tagen
Stocktwits
PayPal Holdings Boosts FY24 Outlook - Update

(RTTNews) - While reporting financial results for the second quarter on Tuesday, PayPal Holdings, Inc. (PYPL) raised its earnings and adjusted earnings guidance for the full-year 2024. The company also provided outlook for the third quarter.

For the third quarter, the company expects earnings in a range of $0.96 to $0.98 per share and adjusted earnings growth in the high single-digits on revenue growth in the mid-single-digits.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $0.98 per share on revenue growth of 7.5 percent to $7.97 billion for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to fiscal 2024, the company now projects earnings in a range of $3.88 to $3.98 per share and adjusted earnings growth in the low to mid-teens. Previously, the company expected earnings of approximately $3.65 per share on revenue growth in the mid- to high-single digits.

The Street is looking for earnings of $4.24 per share on revenue growth of 15.1 percent to $32.0 billion for the year.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Tags: PYPL
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Live Nation Entertainment Inks Multi-Year Deal With PayPal To Expand Payment Options For Fans

Live Nation Entertainment Inks Multi-Year Deal With PayPal To Expand Payment Options For Fans

PayPal Holdings, Inc. (PYPL) and Live Nation Entertainment, Inc. (LYV) announced Monday a multi-year strategic partnership that names PayPal as the Preferred Payments Partner of Ticketmaster, providing fans a simple and flexible way to buy tickets to the live entertainment they love. Fans will now have access to multiple payment options across a total of 21 countries.
RTTNews | vor 767 Tagen
Bay Street Headed For Positive Start

Bay Street Headed For Positive Start

Firm commodity prices and steady global stocks amid optimism about trade deals point to a positive start for the Canadian market on Friday. Canadian jobs data for the month of April, and corporate earnings updates are also set to make an impact.
RTTNews | vor 30 Minuten
FTSE Up Nearly 0.5% On Easing Tariff Concerns

FTSE Up Nearly 0.5% On Easing Tariff Concerns

U.K. stocks are up on Friday, supported by some strong earnings updates, and continued optimism about trade deals. U.S. President Donald Trump said on Thursday that the meetings with China on trade and economic issues could be "very substantive" and lead to tariff reductions.
RTTNews | vor 2Std 12 Minuten
CAC 40 Up 0.75% On Easing Trade Tensions

CAC 40 Up 0.75% On Easing Trade Tensions

French stocks are exhibiting strength on Friday, buoyed by news about the U.S. and U.K. agreeing on a trade deal, and the upcoming U.S. - China trade talks this weekend.
RTTNews | vor 2Std 47 Minuten
Sensex, Nifty Extend Losses As Operation Sindoor Continues

Sensex, Nifty Extend Losses As Operation Sindoor Continues

Indian shares fell sharply on Friday to extend losses from the previous session after the Indian Army said it had countered the Pakistani attack on Indian cities late last night, fueling concerns of further escalation between the two nuclear-armed nations.
RTTNews | vor 2Std 55 Minuten
Yamaha Recalls 34K Power Adaptors For Pianos, Workstations

Yamaha Recalls 34K Power Adaptors For Pianos, Workstations

Yamaha Corp. of America, affiliated to Japan's Yamaha Corp., is recalling about 37,400 units of power adaptors for digital pianos and music workstations citing risk of burn and fire, according to the U.S. Consumer Product Safety Commission. The recall involves Yamaha-brand AC adaptors with model number PA-300C that were sold with Yamaha-brand arranger workstations, digital pianos...
RTTNews | vor 3Std 47 Minuten
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