Digital payment processor PayPal (NASDAQ: PYPL) released its first-quarter financial report after the market close on Wednesday. Net revenue grew to $4.62 billion, up 12% year over year, while earnings per share (EPS) of $0.07 declined 87%. For context, analysts' consensus estimates were looking for revenue of $4.74 billion and adjusted EPS of $0.68, so PayPal missed on both the top and bottom line. Read More...
4 Critical Things You Need to Know to Understand PayPal’s Earnings
Digital payment processor PayPal (NASDAQ: PYPL) released its first-quarter financial report after the market close on Wednesday. Net revenue grew to $4.62 billion, up 12% year over year, while earnings per share (EPS) of $0.07 declined 87%. For context, analysts’ consensus estimates were looking for revenue of $4.74 billion and adjusted EPS of $0.68, so PayPal missed on both the top and bottom line.
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