earnings
confidence high
sentiment positive
materiality 0.80
PayPal Q2 net revenue up 8% to $7.9B; raises full-year guidance
PayPal Holdings, Inc.
2024-Q2 EPS reported
$1.90
revenue$15,584,000,000
- GAAP EPS grew 17% to $1.08; non-GAAP EPS grew 36% to $1.19.
- Total payment volume rose 11% to $416.8B; transaction margin dollars up 8% to $3.6B.
- GAAP operating margin expanded 126 bps to 16.8%; non-GAAP operating margin expanded 231 bps to 18.5%.
- Returned $1.5B to shareholders via share repurchases in Q2; $5.0B on trailing 12-month basis.
- Raised 2024 guidance and increased share repurchase authorization due to strong first-half performance.