Categories AlphaGraphs, Earnings, Finance
PayPal Holdings (PYPL) Q1 2021 revenue up 31%; earnings beat
PayPal Holdings Inc. (NASDAQ: PYPL) reported stronger-than-expected earnings and revenues for the first quarter of 2021. Shares of the payment service provider gained during Wednesday’s extended trading session soon after the announcement.
Payment volumes grew 50% year-over-year to $285 billion in the March quarter. Consequently, total revenues moved up 31% to $6.03 billion. Analysts had forecast slower growth.
Adjusted profit rose to $1.22 per share from last year’s $0.66 per share and exceeded expectations. Net income, including special items, was $1.09 billion or $0.92 per share, compared to $84 million or $0.07 per share in the first quarter of 2020.
Read management/analysts’ comments on PayPal’s Q1 earnings
PayPal’s shares closed Wednesday’s regular trading down 1%, after gaining more than 7% 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
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
