PayPal Sees Q4 2023 Net Revenue Growth 6%-7%, Sees Adj. EPS ~$1.36 Vs $1.32 Est
Portfolio Pulse from Benzinga Newsdesk
PayPal has projected its Q4 2023 net revenue growth to be between 6% and 7%. The company also expects its adjusted EPS to be around $1.36, higher than the estimated $1.32.
November 01, 2023 | 8:26 pm
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POSITIVE IMPACT
PayPal's projected increase in Q4 2023 net revenue and adjusted EPS could potentially boost investor confidence and positively impact its stock price.
PayPal's projected increase in net revenue and adjusted EPS for Q4 2023 indicates a positive financial outlook. This could potentially attract more investors, leading to an increase in demand for the company's stock and subsequently, a rise in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100