FinanceQuartzabout 1 hour ago
PayPal Raises Profit Forecast After Turnaround
2 min read
PayPal raised its full-year non-GAAP earnings guidance to $5.60 a share from $5.38 on Tuesday. CEO Enrique Lores stated the company is making progress in its transformation. Third-quarter non-GAAP earnings reached $1.45 a share, beating analyst expectations of $1.31. The firm also guided fourth-quarter non-GAAP earnings to $1.43 a share.
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