PayPal Holdings Inc. (NASDAQ: PYPL) announced financial results for the third quarter of 2023. The payment solutions provided also issued guidance.
Third-quarter revenues came in at $7.42 billion, compared to $6.85 billion in the corresponding period of 2022. For the fourth quarter, the company expects revenues to grow by around 6-7%.
Adjusted earnings were $1.30 per share in the three-month period, compared to $1.08 per share in the year-ago quarter. On a reported basis, net profit was $1.02 billion or $0.93 per share in Q3, vs. $1.33 billion or $1.15 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
CVX Earnings: Chevron reports lower revenue and profit for Q1 2024
Energy exploration company Chevron Corporation (NYSE: CVX) announced first-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation was $5.50 billion or
ABBV Earnings: AbbVie reports lower adj. profit for Q1 2024; revenue edges up
Specialty biopharmaceutical company AbbVie, Inc. (NYSE: ABBV) Friday announced first-quarter 2024 financial results, reporting a decline in adjusted earnings and a modest rise in revenues. The company reported worldwide net
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q1 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported first quarter 2024 earnings results today. Net sales increased 6.2% year-over-year to $5.06 billion. Organic sales increased 9.8%. Net income attributable to Colgate-Palmolive Company was
