PYPL - These Analysts Increase Their Forecasts On PayPal Following Q1 Results | Benzinga
PayPal Holdings Inc (NASDAQ:PYPL) reported better-than-expected sales for its first quarter on Tuesday.
PayPal reported fiscal first-quarter revenue growth of 9% year-over-year to $7.7 billion, beating the consensus estimate of $7.5 billion. The company reported quarterly adjusted EPS of $1.08 per share, missing analyst estimates of $1.22, according to data from Benzinga Pro.
Total payment volumes increased 14% year-over-year to $403.9 billion in the quarter.
"2024 remains a transition year and we are focused on execution – driving our key strategic initiatives, ...