Categories AlphaGraphs, Earnings, Finance
Infographic: Highlights of PayPal’s (PYPL) Q4 2020 earnings report
PayPal Holdings Inc. (NASDAQ: PYPL) reported stronger-than-expected earnings and revenues for the fourth quarter of 2020. Shares of the payment service provider gained during Wednesday’s extended trading session soon after the announcement.
Payment volumes grew 39% to $277 billion in the December-quarter. Consequently, total revenues moved up 23% to $6.12 billion. Analysts had forecast slower growth.
Adjusted profit rose to $1.08 per share from last year’s $0.83 per share and exceeded expectations. Net income, including special items, was $1.57 billion or $1.32 per share, compared to $507 million or $0.43 per share in the fourth quarter of 2019.
Read management/analysts’ comments on PayPal’s Q3 earnings
PayPal’s shares closed Wednesday’s regular trading at $1251.90, up 1.2%, after gaining more than 70% since the beginning of the year.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
After mixed Q4, Darden Restaurants stays focused on profitable sales growth
Darden Restaurants, Inc. (NYSE: DRI), which owns popular restaurant brands Olive Garden and LongHorn Steakhouse, has reported stronger-than-expected fourth-quarter results, sending the stock higher soon after the announcement this week.
What to expect when McCormick & Company (MKC) reports Q2 2024 earnings results
Shares of McCormick & Company, Incorporated (NYSE: MKC) stayed green on Friday. The stock has dropped 4% over the past one month. The spices and condiments maker is scheduled to report
CarMax (KMX) Q1 2025 Earnings: Key financials and quarterly highlights
CarMax, Inc. (NYSE: KMX) reported its first quarter 2025 earnings results today. Net sales and operating revenues decreased 7.5% year-over-year to $7.1 billion. Net earnings decreased 33% to $152.4 million,