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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, still down 73.33% from its 52 week high of $309.76 set on July 26, 2021. They are under-performing the Nasdaq 100 which is down 20.32% from the start of the year.
PayPal Holdings Inc shares gained 4.36% in after-hours trade following the report.
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 April 14 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
