PayPal Reports Second Quarter 2022 Results
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Go back to PayPal Reports Second Quarter 2022 Results
August 2, 2022 4:23 PM EDT
PayPal (NASDAQ: PYPL) announced:
Board of Directors and Management aligned to strengthen PayPal's position
Appointing Blake Jorgensen as CFO, effective August 3
Blake has extensive experience driving operational excellence and shareholder value, having served as CFO at industry-leading companies including Electronic Arts Inc., Levi Strauss & Co., and Yahoo! Inc.
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August 2, 2022 4:19 PM EDT
PayPal (NASDAQ: PYPL) reported Q2 EPS of $0.93, $0.06 better than the analyst estimate of $0.87. Revenue for the quarter came in at $6.8 billion versus the consensus estimate of $6.77 billion.
GUIDANCE:
PayPal sees Q3 2022 EPS of $0.94-$0.96, versus the consensus of $0.97.
Net revenues expected to reach $6.80 billion, growing ~10% on a spot basis and ~12% FXN Revenue excluding eBay expected to grow ~12% on a spot basis and ~13.5% FXN GAAP...
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