Categories AlphaGraphs, Earnings, Finance
PYPL Earnings: PayPal reports higher revenue and profit for Q1 2024
PayPal Holdings Inc. (NASDAQ: PYPL) announced financial results for the first quarter of 2024, reporting an increase in revenues and adjusted profit. The top line also exceeded analysts’ estimates.
First-quarter revenues came in at $7.7 billion, compared to $7.04 billion in the corresponding period of 2023. Analysts were looking for a slower increase. For the second quarter, the company expects revenues to grow by around 6.5%.
Adjusted earnings were $1.08 per share in the three months, compared to $0.85 per share in the year-ago quarter. On a reported basis, net profit increased to $888 million or $0.83 per share in Q1 from $795 million or $0.70 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
DRI Earnings: Darden Restaurants’ Q2 2026 sales and profit rise YoY
Darden Restaurants, Inc. (NYSE: DRI), a leading fine dining restaurant chain, on Thursday reported an increase in sales and adjusted earnings for the second quarter of fiscal 2026. Total sales
CarMax (KMX) Q3 2026 earnings drop on lower sales; results beat estimates
Used car retailer CarMax, Inc. (NYSE: KMX) on Thursday reported a decline in earnings for the third quarter of fiscal 2026, hurt by lower sales. However, both revenues and earnings
ACN Earnings: Key quarterly highlights from Accenture’s Q1 2026 financial results
Accenture (NYSE: ACN) reported its first quarter 2026 earnings results today. Revenues of $18.7 billion increased 6% in US dollars and 5% in local currency compared to the same period a
