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.
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.
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Infographic: Highlights of Aurora Cannabis (ACB) Q4 2020 earnings report
Aurora Cannabis, Inc. (NYSE: ACB) reported a wider loss for the fourth quarter of 2020, hurt by a 5% decrease in revenues. The company’s stock fell sharply during Tuesday’s after-hours
Infographic: Stitch Fix Q4 2020 earnings
Stitch Fix (NASDAQ: SFIX) reported fourth-quarter 2020 financial results after the closing bell on Tuesday. The company reported an 11% increase in Q4 revenues to $443.4 million, beating Wall Street
Nike Inc. (NKE) stock spikes after beating Q1 2021 estimates
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