According to FactSet, the payments company is anticipated to report a net income of $1.29 billion for the current quarter, which is an increase from $921 million in the same period last year.
Additionally, FactSet predicts that the company will generate $7.88 billion in revenue for the quarter ended December 31, compared to $7.38 billion in the previous year's quarter.
Furthermore Paypal stock news, after adjusting for one-time items, earnings are estimated to be $1.36 per share, according to FactSet. During the quarter, the stock price experienced a 5.1% increase and is currently trading at $62.85.
Ken P
The Pacific Times
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