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（納斯達克股票代碼：PYPL）週二公佈了其第一季度的銷售額好於預期。
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報告稱，第一財季收入同比增長9％，達到77億美元，超過了普遍預期的75億美元。根據Benzinga Pro的數據，該公司公佈的季度調整後每股收益爲1.08美元，未達到分析師預期的1.22美元。
Total payment volumes increased 14% year-over-year to $403.9 billion in the quarter.
本季度總付款量同比增長14％，達到4039億美元。
"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年仍然是過渡年，我們專注於執行——推動我們的關鍵戰略舉措，實現成本節約，並進行適當的再投資，爲公司未來實現持續的高質量盈利增長做好準備。”總裁兼首席執行官亞歷克斯·克里斯說。
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預計，第二季度收入將增長6.5％，外匯中性增長7％，收入爲77.61億美元至77.97億美元，而市場普遍預期爲77.97億美元。該公司預計，調整後的每股收益將以低的兩位數百分比增長，而去年同期的每股收益爲0.87美元，市場預期爲1.21美元。
PayPal shares rose 1.4% to close at $67.92 on Tuesday.
週二，貝寶股價上漲1.4％，收於67.92美元。
These analysts made changes to their price targets on PayPal following earnings announcement.
業績公佈後，這些分析師更改了PayPal的目標股價。
- 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證券將PayPal的目標股價從70美元上調至82美元。JMP證券分析師戴維·沙爾夫維持市場跑贏大盤的評級。
- 貝爾德將PayPal的目標股價從70美元上調至77美元。貝爾德分析師科林·塞巴斯蒂安維持跑贏大盤的評級。
- 斯蒂芬斯公司將PayPal的目標股價從70美元上調至75美元。斯蒂芬斯公司分析師查爾斯·納班維持同等權重評級。
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