Unfair Sell-Off: PayPal
PYPL stocks
lost almost 7% just after the release of the quarterly earnings report,
surprising investors after the company reported that revenue was up by 11%
year-on-year to $6.85 billion and transactions volume was up by 9% year-on-year
to $337 billion. These strong results were reported amid China’s COVID
restrictions and negative affect of the war in Europe. Free Cash Flow (FCF) was
up by 37% year-on-year to $1.788 billion, enabling the company to stockpile
$16.1 billion of cash by the end of the quarter vs $10.5 billion of debt a year
before.
Strong
financials helped the company to buy back its own stocks for $939 million and
reserve $1 billion more for the next quarter to continue buy backs. This has a
positive effect on stocks prices, and on earnings per share (EPS). The company’s
management has upgraded its annual EPS up by $0.16 to $4.09.
PayPal has
a lot of competition, including Apple
Pay and it allows for American customers to save their credit card information
and pay for goods and services with the app. Wall Street expects the company’s
revenues to rise by 15-20% every year within the next five years. So, more potential
is added to the PYPL stocks.
Disclaimer:
The comments, insights, and reviews posted in this section are solely the opinions and perspectives of authors and do not represent the views or endorsements of RHC Investments or its administrators, except if explicitly indicated. RHC Investments provides a platform for users to share their thoughts on financial market news, investing strategies, and related topics. However, we do not guarantee the accuracy, completeness, or reliability of any user-generated content.
Investment Risks and Advice:
Please be aware that all investment decisions involve risks, and the information shared on metadoro.com should not be considered as financial advice. Always conduct thorough research, seek professional advice, and exercise caution when making investment decisions.
Moderation and Monitoring:
While we strive to maintain a respectful and informative environment, we cannot endorse or verify the accuracy of all user-generated content. We reserve the right to moderate, edit, or remove any comments or posts that violate our community guidelines, infringe on intellectual property rights, or contain harmful content.
Content Ownership:
By submitting content to metadoro.com, users grant RHC Investments a non-exclusive, royalty-free license to use, display, and distribute the content. Users are responsible for ensuring they have the necessary rights to share the content they post.
Community Guidelines:
To maintain a positive and respectful community, users are expected to adhere to the community guidelines of Metadoro. Any content that is misleading, offensive, or violates applicable laws and regulations will be subject to moderation or removal.
Changes to Disclaimer:
We reserve the right to update, modify, or amend this disclaimer at any time. Users are encouraged to review this disclaimer periodically to stay informed about any changes.
