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
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%
