Categories AlphaGraphs, Earnings, Finance
PayPal (PYPL) reports Q2 2023 results. Here’s what you need to know
PayPal Holdings Inc. (NASDAQ: PYPL) announced financial results for the second quarter of 2023. The payment solutions provided also issued guidance.
Second-quarter revenues came in at $7.29 billion, compared to $6.81 billion in the corresponding period of 2022. For the third quarter, the company expects revenues to grow by around 8%.
Adjusted earnings were $1.16 per share in the three-month period, compared to $0.93 per share in the corresponding period of 2022. On a reported basis, net profit was $1.03 billion or $0.92 per share in Q2, vs. a loss of $341 million or $0.29 per share last year.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
_________________________________________________________________________________________________________________
Most Popular
Earnings Preview: Nike (NKE) looks poised to report weak Q2 results
Nike, Inc. (NYSE: NKE) is set to report second-quarter results on Thursday, with analysts predicting a double-whammy of year-over-year decline in sales and profit. The company has been going through
FedEx (FDX) is preparing to report Q2 results. Here’s what to expect
FedEx Corporation (NYSE: FDX) has merged its operating segments into a single entity as part of an extensive reorganization aimed at cutting costs and achieving operational efficiency. The market is
What to expect when Lamb Weston (LW) reports its Q2 2025 earnings results
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) were down over 1% on Friday. The stock has gained 13% over the past three months. The frozen potato products maker is
