07.08.2019 14:35:00

3 Reasons PayPal Is Still a Buy

PayPal Holdings (NASDAQ: PYPL) reported its 2019 second-quarter results late last month, and since then, the stock has trimmed more than 10% of its value. It wasn't the quarterly results that caused the drop as the numbers, once again, were more than solid. The digital wallet platform's revenue grew to $4.31 billion, a 12% increase year over year, while its adjusted earnings per share (EPS) rose to $0.86, a whopping 47% increase over last year's second quarter after benefiting from gains in strategic investments.The strong top- and bottom-line growth was driven by a rise in active accounts and user engagement. In Q2, the number of active accounts grew to 286 million, a 17% increase year over year, and the number of transactions per active account rose to 39.0, a 9% increase over last year's second quarter. With such strong numbers across the board, it's natural for investors to wonder why shares have sold off like they have. The answer lies in the company cutting its full-year revenue guidance, even as it raised its full-year EPS outlook.Due to its sheer size and complexity, PayPal pushed out the target dates for key partnerships this quarter. Image source: PayPal Holdings.Continue reading
Weiter zum vollständigen Artikel bei "MotleyFool"

Analysen zu eBay Inc Cert Deposito Arg Repr 1 Shmehr Analysen

Eintrag hinzufügen

Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!

Aktien in diesem Artikel

pagehit