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.

PayPal Holdings Q1 2021 earnings infographic

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.

  • paypal Q3 2020 earnings
  • PayPal Holdings (PYPL) Q2 2020 Earnings Infograph

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Disney (DIS): A look at the major winning points for its streaming business

Shares of the Walt Disney Company (NYSE: DIS) have been rallying since the entertainment leader delivered strong results for its third quarter of 2022 a day ago. The stock was

KSS Stock: After terminating sale talks, what awaits Kohl’s this year

Kohl’s Corporation (NYSE: KSS) has been on investors' radar ever since the retailer put itself up for sale earlier this year, after coming under pressure from activist investors. Putting an

Walt Disney Company (DIS) Q3 revenues, earnings beat Street view

Entertainment behemoth The Walt Disney Company (NYSE: DIS) on Wednesday reported higher revenues and earnings for the third quarter of 2022. The results also topped expectations. Third-quarter revenues of the Los

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