PayPal Holdings Boosts FY24 Outlook - Update

RTTNews | 89 dagar sedan
Stocktwits
PayPal Holdings Boosts FY24 Outlook - Update

(RTTNews) - While reporting financial results for the second quarter on Tuesday, PayPal Holdings, Inc. (PYPL) raised its earnings and adjusted earnings guidance for the full-year 2024. The company also provided outlook for the third quarter.

For the third quarter, the company expects earnings in a range of $0.96 to $0.98 per share and adjusted earnings growth in the high single-digits on revenue growth in the mid-single-digits.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $0.98 per share on revenue growth of 7.5 percent to $7.97 billion for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to fiscal 2024, the company now projects earnings in a range of $3.88 to $3.98 per share and adjusted earnings growth in the low to mid-teens. Previously, the company expected earnings of approximately $3.65 per share on revenue growth in the mid- to high-single digits.

The Street is looking for earnings of $4.24 per share on revenue growth of 15.1 percent to $32.0 billion for the year.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

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Live Nation Entertainment Inks Multi-Year Deal With PayPal To Expand Payment Options For Fans

Live Nation Entertainment Inks Multi-Year Deal With PayPal To Expand Payment Options For Fans

PayPal Holdings, Inc. (PYPL) and Live Nation Entertainment, Inc. (LYV) announced Monday a multi-year strategic partnership that names PayPal as the Preferred Payments Partner of Ticketmaster, providing fans a simple and flexible way to buy tickets to the live entertainment they love. Fans will now have access to multiple payment options across a total of 21 countries.
RTTNews | 573 dagar sedan
Lower Open Predicted For Hong Kong Stock Market

Lower Open Predicted For Hong Kong Stock Market

The Hong Kong stock market opened to the upside again on Friday, one day after ending the two-day winning streak in which it had advanced more than 280 points or 1.4 percent. The Hang Seng Index now sits just beneath the 20,600-point plateau although it's expected to move lower again on Monday.
RTTNews | 4h 6minuter sedan
China Stock Market Expected To Open In The Red On Monday

China Stock Market Expected To Open In The Red On Monday

The China stock market moved higher again on Friday, one day after halting the four-day winning streak in which it had rallied more than 135 points or 4 percent. The Shanghai Composite now sits just beneath the 3,300-point plateau although it's likely to see renewed selling pressure on Monday.
RTTNews | 4h 21minuter sedan
Taiwan Stock Market May Turn Lower Again On Monday.

Taiwan Stock Market May Turn Lower Again On Monday.

The Taiwan stock market on Friday ended the three-day losing streak in which it had dropped almost 350 points or 1.5 percent. The Taiwan Stock Exchange now rests just beneath the 23,350-point plateau although it may head south again on Monday.
RTTNews | 4h 51minuter sedan
Singapore Stock Market May Open Under Pressure Again On Monday

Singapore Stock Market May Open Under Pressure Again On Monday

The Singapore stock market on Friday snapped the modest two-day winning streak in which it had gathered almost 20 points or 0.6 percent. The Straits Times Index now sits just above the 3,590-point plateau and it may tick lower again on Monday.
RTTNews | 5h 21minuter sedan
Malaysia Bourse Tipped To Extend Losing Streak

Malaysia Bourse Tipped To Extend Losing Streak

The Malaysia stock market has moved lower in five straight sessions, slipping almost 30 points or 1.8 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,620-point plateau and it's expected to open under water again on Monday.
RTTNews | 5h 51minuter sedan
South Korea Stock Market May Be Stuck In Neutral

South Korea Stock Market May Be Stuck In Neutral

The South Korea stock market has alternated between positive and negative finishes through the last five trading days since the end of the three-day slide in which it had slumped almost 40 points or 1.6 percent. The KOSPI now sits just above the 2,580-point plateau and it's likely to remain rangebound again on Monday.
RTTNews | 6h 21minuter sedan
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