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29.10.2024

Company news: PayPal (PYPL) posts mixed quarterly results

PayPal (PYPL) reported Q3 FY2024 earnings of $1.20 per share (versus $1.30 per share in Q3 FY2023), beating analysts’ consensus estimate of $1.07 per share.

The company’s quarterly revenues amounted to $7.847 bln (+6.0% y/y), missing analysts’ consensus estimate of $7.883 bln.

PYPL fell to $78.50 (-6.09%) in pre-market trading.

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