PayPal Revenue, Outlook Affected by Firm's Price-To-Value Plan
PayPal(PYPL) Investopedia·2024-10-30 02:00
Key TakeawaysPayPal Holdings missed third-quarter revenue estimates and gave soft guidance as it focuses on its "price-to-value" plan.Earnings per share came in just ahead of expectations.Payment volume, payment transactions, and active accounts increased. PayPal Holdings (PYPL) shares slumped Tuesday after the payment services provider missed third-quarter sales estimates and gave weak guidance as the company moves ahead with its "price-to-value" strategy. PayPal reported revenue rose 6% year-over-year to ...