Reports Q3 revenue $7.85B, consensus $7.89B. “PayPal (PYPL) delivered strong financial and operating results during a highly productive third quarter. We are making solid progress in our transformation as we bring new innovations to market, forge important partnerships with leading commerce players, and drive awareness and engagement through new marketing campaigns. We are raising our full year non-GAAP guidance and are pleased with the strength we are seeing across the business. We’ve built a solid foundation in this last year that will serve us in the years to come,” said CEO Alex Chriss.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PYPL:
- Here’s what Wall St. experts are saying about PayPal ahead of earnings
- Notable companies reporting before tomorrow’s open
- Options Volatility and Implied Earnings Moves This Week, October 28 – November 01, 2024
- PayPal price target raised to $110 from $95 at Monness Crespi
- PayPal and Global Payments expand collaboration