Previous close | 79.13 |
Open | 80.24 |
Bid | N/A x N/A |
Ask | N/A x N/A |
Day's range | 79.79 - 81.14 |
52-week range | 57.32 - 95.49 |
Volume | |
Avg. volume | 106,853 |
Market cap | N/A |
Beta (5Y monthly) | 1.44 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | 31 July 2024 - 05 Aug 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
PayPal (PYPL) reported its first quarter earnings, raising its profit guidance for 2024. In the report, the company cites strong consumer demand. This is backed by a survey from LendingTree which states that 29% of Americans plan on using buy now, pay later loans. Wedbush Securities Equity Research Analyst Moshe Katri joins Market Domination to discuss PayPal's performance and break down how the company is utilizing value-added services for success. Katri gets to the core of value-added services: "If you're a merchant, we're talking about a bunch of different applications that are needed for your daily operations. Anywhere from inventory management, receivables, rewards, apparel processing or payroll and obviously capital. These are all things that you need to operate your business and if you're able to use, for example, PayPal as a one-stop shop for that, you should be able to kind of unbundle that business, which is value-added services from the payments piece. " For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
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.
Earnings preview of key companies reporting next week and what to look out for.