PayPal reports Q1 revenue of $6.48B, up 8% YoY, vs. $6.6B est., net income of $1.03B, down from $1.46B YoY, Total Payment Volume of $323B, up 15% YoY
Q1'22: Solid start to the year with better-than-expected revenue growth Ibukun Ogundare / Coinspeaker : PayPal (PYPL) Stock Up 2% as Company Reports Q1 2022 Performance MK Manoylov / The Block : PayPal CEO says firm to ‘double down’ on digital wallet efforts Jennifer Surane / Bloomberg : PayPal Cuts Annual Forecast as Spending Growth Continues to Slow Tweets: @livesquawk : $PYPL PayPal: - Q1 Adj EPS 88c, Est. 88c - Q1 Net Rev. $6.48b, Est. $6.4b - Q1 Total Payment Volume $322.98b, Est. $323.13b - Sees Q2 Adj EPS About 86c, Est. $1.12 - Sees FY Adj EPS $3.81 To $3.90, Saw $4.60 To $4.75