Categories AlphaGraphs, Earnings, Finance

Infographic: Highlights of PayPal Holdings (NASDAQ: PYPL) Q1 2020 Earnings Report

Payment service provider PayPal Holdings Inc. (NASDAQ: PYPL) reported weaker-than-expected earnings and revenues for the first quarter of 2020. The stock dropped sharply during Wednesday’s extended trading session. The company also provided guidance for the second quarter, but withdrew the full-year outlook issued earlier.

PayPal Holdings Q1 2020 Earnings Infograph

Total payment volumes grew 19% to $191 billion in the March-quarter. Consequently, revenues moved up to $4.62 billion from $4.13 billion last year. Analysts had forecast a faster growth.

Adjusted profit remained unchanged at $0.66 per share, contrary to expectations for an increase. Net income, including special items, was $84 million or $0.07 per share, compared to $667 million or $0.56 per share in the first quarter of 2019.

PayPal’s shares closed Wednesday’s regular trading at an all-time high of $128.31. The stock has gained 16% since the beginning of the year.

Most Popular

V Earnings: Key quarterly highlights from Visa’s Q1 2023 financial results

Visa Inc. (NYSE: V) reported first quarter 2023 earnings results today. Net revenues grew 12% year-over-year to $7.9 billion. GAAP net income rose 6% to $4.2 billion while EPS grew

Earnings: Highlights of Intel’s (INTC) Q4 2022 financial results

Intel Corporation (NASDAQ: INTC) Thursday reported a decline in adjusted earnings and revenues for the fourth quarter. The semiconductor giant also provided guidance for the first quarter of 2023. Fourth-quarter

McCormick (MKC) expects to drive sales growth in 2023 through pricing actions and cost savings

Shares of McCormick & Company Inc. (NYSE: MKC) were down over 5% on Thursday after the company missed expectations on its fourth quarter 2022 results and provided a lower-than-expected earnings

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top