Categories AlphaGraphs, Earnings, Finance
Infographic: Highlights of PayPal’s (PYPL) Q3 2020 earnings
PayPal Holdings Inc. (NASDAQ: PYPL) reported stronger-than-expected earnings and revenues for the third quarter of 2020. But shares of the payment service provider dropped during Monday’s extended trading session as its guidance fell short of expectations.
Payment volumes grew 38% to $247 billion in the September-quarter. Consequently, total revenues moved up 25% to $5.46 billion. Analysts had forecast slower growth.
Adjusted profit rose to $1.07 per share from last year’s $0.76 per share and exceeded expectations. Net income, including special items, was $1.02 billion or $0.86 per share, compared to $462 million or $0.39 per share in the third quarter of 2019.
Read management/analysts’ comments on PayPal’s Q3 earnings
PayPal’s shares closed Monday’s regular trading at $187.76, after gaining more than 70% since the beginning of the year
Most Popular
CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%
Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss
Key metrics from Nike’s (NKE) Q2 2025 earnings results
NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net
FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips
Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,
