2024-04-26 13:59:41 ET
Summary
- PayPal is set to report Q1 2024 earnings. All eyes are on the ongoing turnaround.
- The story around the company is becoming more about sustainable profitability as opposed to growth at any cost.
- Meanwhile, the stock is now priced at extremely conservative levels, which limits downside risk.
PayPal Holdings ( PYPL ) is scheduled to report first quarter 2024 earnings early next week, and the hopes for a turnaround are running high....
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PayPal Q1 Earnings: It's Less About Revenue And More About Profitability