These Analysts Increase Their Forecasts On PayPal Following Q1 Results
These Analysts Increase Their Forecasts On PayPal Following Q1 Results
PayPal Holdings Inc (NASDAQ:PYPL) reported better-than-expected sales for its first quarter on Tuesday.
PayPal Holdings Inc（纳斯达克股票代码：PYPL）周二公布了其第一季度的销售额好于预期。
PayPal reported fiscal first-quarter revenue growth of 9% year-over-year to $7.7 billion, beating the consensus estimate of $7.5 billion. The company reported quarterly adjusted EPS of $1.08 per share, missing analyst estimates of $1.22, according to data from Benzinga Pro.
PayPal报告称，第一财季收入同比增长9％，达到77亿美元，超过了普遍预期的75亿美元。根据Benzinga Pro的数据，该公司公布的季度调整后每股收益为1.08美元，未达到分析师预期的1.22美元。
Total payment volumes increased 14% year-over-year to $403.9 billion in the quarter.
本季度总付款量同比增长14％，达到4039亿美元。
"2024 remains a transition year and we are focused on execution – driving our key strategic initiatives, realizing cost savings, and reinvesting appropriately to position the company for consistent, high-quality profitable growth in the future." Alex Chriss, President and CEO, said.
“2024年仍然是过渡年，我们专注于执行——推动我们的关键战略举措，实现成本节约，并进行适当的再投资，为公司未来实现持续的高质量盈利增长做好准备。”总裁兼首席执行官亚历克斯·克里斯说。
PayPal expects second-quarter revenues to increase by 6.5%—7% foreign exchange neutral or revenue of $7.761 billion—$7.797 billion versus the consensus of $7.797 billion. It expects adjusted EPS to grow in the low double-digit percentage compared to EPS of $0.87 in the prior year's period and consensus of $1.21.
PayPal预计，第二季度收入将增长6.5％，外汇中性增长7％，收入为77.61亿美元至77.97亿美元，而市场普遍预期为77.97亿美元。该公司预计，调整后的每股收益将以低的两位数百分比增长，而去年同期的每股收益为0.87美元，市场预期为1.21美元。
PayPal shares rose 1.4% to close at $67.92 on Tuesday.
周二，贝宝股价上涨1.4％，收于67.92美元。
These analysts made changes to their price targets on PayPal following earnings announcement.
财报公布后，这些分析师更改了PayPal的目标股价。
- JMP Securities boosted the price target on PayPal from $70 to $82. JMP Securities analyst David Scharf maintained a Market Outperform rating.
- Baird raised the price target on PayPal from $70 to $77. Baird analyst Colin Sebastian maintained an Outperform rating.
- Stephens & Co. increased the price target on PayPal from $70 to $75. Stephens & Co. analyst Charles Nabhan maintained an Equal-Weight rating.
- JMP证券将PayPal的目标股价从70美元上调至82美元。JMP证券分析师戴维·沙尔夫维持市场跑赢大盘的评级。
- 贝尔德将PayPal的目标股价从70美元上调至77美元。贝尔德分析师科林·塞巴斯蒂安维持跑赢大盘的评级。
- 斯蒂芬斯公司将PayPal的目标股价从70美元上调至75美元。斯蒂芬斯公司分析师查尔斯·纳班维持同等权重评级。
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