PayPal (PYPL) Reports 11% Payment Volume Growth to $464 Billion
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowPayPal (PYPL) reported an 11% increase in total payment volume to $464 billion, despite facing pressure from competitors like Apple Pay and Stripe. The company's earnings report indicated a net income decline of 13% year-over-year and a 182 basis point contraction in GAAP operating margin to 17.8%. Currently, PYPL trades at 8x trailing earnings, with a consensus target of $51.54 suggesting a potential upside of 19%. The company repurchased approximately 100 million shares for $6 billion in the past year, reducing outstanding shares from 999 million to 920 million.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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