Today news
About the same in other media
20.11 - 11:15
PayPal edges higher after lifting profit outlook
Reading now: 550
PayPal Holdings Inc (NASDAQ:PYPL) saw its stock gain in after-hours trade on Wednesday after the company reported its third-quarter earnings and offered guidance.
PayPal's third-quarter earnings per share came in at $1.30, surpassing the analysts' estimate of $1.23. The company's revenue for the quarter totaled $7.42 billion, slightly exceeding the consensus estimate of $7.38 billion.
For the fourth quarter of 2023, PayPal expects EPS of $1.36, which is slightly lower than the analysts' consensus of $1.41.
Looking ahead to the full fiscal year 2023, PayPal forecasts an EPS of $4.98, up from the prior forecast of $4.95, and above the consensus of $4.92.
The company also named CFO Jamie Miller as CFO.
Read more on investing.comAbout this in other media
Dollar edges higher; consolidating after volatile period investing.com /1 year ago
Oil prices edge up after OPEC says market fundamentals are strong economictimes.indiatimes.com /1 year ago
Crude oil edges higher; OPEC lifts demand growth forecast investing.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
