Categories AlphaGraphs, Earnings, Finance
PayPal reports higher revenue and profit for Q2 2024; results beat estimates
PayPal Holdings Inc. (NASDAQ: PYPL) announced financial results for the second quarter of 2024, reporting an increase in revenues and adjusted profit. The numbers also exceeded analysts’ estimates.
Second-quarter revenues came in at $7.9 billion, compared to $7.3 billion in the corresponding period of 2023, and topped expectations. For the third quarter, the company expects revenues to grow in mid-single-digits.
Adjusted earnings were $1.19 per share in the three months, compared to $0.87 per share in the year-ago quarter. On a reported basis, net profit increased to $1.13 billion or $1.08 per share in Q2 from $1.03 billion or $0.92 per share last year.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
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
