PayPal Holdings Inc Earnings, Revenue beat In Q1

  • Investing.com
  • Stock Market News
PayPal Holdings Inc Earnings, Revenue beat In Q1
Credit: © Reuters.

Investing.com - PayPal Holdings Inc (NASDAQ: PYPL ) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

PayPal Holdings Inc announced earnings per share of $0.88 on revenue of $6.48B. Analysts polled by Investing.com anticipated EPS of $0.8777 on revenue of $6.4B.

PayPal Holdings Inc shares are down 56% from the beginning of the year and are trading at $87.39 , down-from-52-week-high.They are under-performing the S&P 500 which is down 12.22% from the start of the year.

PayPal Holdings Inc shares gained 5.79% in after-hours trade the report.

PayPal Holdings Inc follows other major Information Technology sector earnings this month

PayPal Holdings Inc's report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $2.22 on revenue of $49.36B, compared to forecasts EPS of $2.19 on revenue of $49.01B.

Taiwan Semiconductor had beat expectations on Thursday, April 14, 2022 with first quarter EPS of $1.35 on revenue of $16.94B, compared to forecast for EPS of $1.27 on revenue of $16.73B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100