PayPal Holdings Q4 Adj EPS $1.48 Beats $1.36 Estimate, Sales $8.03B Beat $7.87B Estimate
Portfolio Pulse from Benzinga Newsdesk
PayPal Holdings (NASDAQ:PYPL) reported Q4 adjusted earnings of $1.48 per share, surpassing the $1.36 estimate, marking a 19.35% increase from last year. Q4 sales reached $8.03 billion, exceeding the $7.87 billion estimate, up 8.71% from the previous year.
February 07, 2024 | 9:17 pm
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PayPal Holdings reported a significant beat on both earnings and sales estimates for Q4, with adjusted EPS at $1.48 and sales of $8.03 billion.
Beating both earnings and sales estimates significantly, especially with a notable year-over-year growth, typically leads to positive investor sentiment and could result in a short-term stock price increase.
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