PYPL - What's Going On With PayPal Stock Thursday? | Benzinga
PayPal Holdings Inc (NASDAQ:PYPL) shares are trading lower Thursday on the heels of the company’s fourth-quarter results. Here’s everything you need to know.
- Q4 Revenue: $8.03 billion, beat estimates of $7.87 billion
- Q4 EPS: $1.48, beat estimates of $1.36
Total payment volumes increased 15% year-over-year to $409.8 billion in the fourth quarter. Payment transactions were up 13% in the quarter and payment transactions per active account increased 14% on a trailing 12 month basis. Total active accounts decreased 2% to 426 million.
Operating cash flow came in at $2.6 billion and free cash flow was $2.5 billion. PayPal ended the ...