Realtime quote and/or trade prices are not sourced from all markets.Ownership data provided by Refinitiv and Estimates data provided by FactSet. Analysts expected PayPal earnings of 88 cents on revenue of $4.99 billion.Total payment volume rose 29% to $222 billion amid the coronavirus lockdown. The stock, seen as an e-commerce investment play, was already up 44 percent since PayPal last reported results on May 6. PayPal earnings rose 49% vs. a year earlier to an adjusted $1.07 a share. Analysts had projected TPV of $210.73 billion.Get these newsletters delivered to your inbox & more info about our products & services.

The stock, seen as an e-commerce investment play, was already up 44 percent since The company said it expected the trends to continue and that it now expected earnings per share for the full year to increase about 25 percent on 22 percent revenue growth.Three months ago, the company had withdrawn full-year guidance because of uncertainty about the economic consequences of the "We have more confidence in the elevated e-commerce trends we are seeing," Chief Financial Officer John Rainey told analysts.What in late April felt like a potentially short-lived surge of panic buying supported by government stimulus checks has become a "durable and profound behavioral shift," Rainey said.The company processed $222 billion (roughly Rs. Cumulative Revenue growth Comment Assuming the Paypal Holdings Inc 's fiscal year would have ended in Mar 31 2020, Paypal Holdings Inc would have reprted above average annual Revenue increase of 14.9% year on year, of $ 18,262 millions. PayPal earnings, revenue and total payment volume for the June quarter topped estimates as e-commerce boomed amid Covid-19. PayPal stock rose 2.6% to 189.50 in extended trading on theIn addition to e-commerce growth, the Venmo person-to-person payment service also contributed to higher-than-expected TPV for PayPal.The PayPal earnings report said it added 21.3 million net new active accounts, the most ever in one quarter. 37,418 crores). This marks a slow-down of the companys growth trends and from the 15.02% rise in Dec 31 2019. That year, PayPal's total payment volume, as the metric is known, was about $282 billion, according to a securities filing. The company added 21.3 million accounts during the quarter, up 137 percent from a year earlierPayments processor PayPal Holdings said on Wednesday that a surge in e-commerce transactions and new accounts that drove quarterly profits 86 percent higher was continuing and would support additional investments in mobile-payment tools.The news lifted the stock as much as 6 percent in after-hours trading.

*Real-time prices by Nasdaq Last Sale. 16.61 crores) in payments over the period, up 30 percent from a year earlier, adjusted for foreign exchange. © 2000-2020 Investor's Business Daily, Inc. All rights reserved PayPal is now expecting total payment volume to grow in the high-20s percentage-wise, along with 22 percent growth in currency-neutral revenue and about 25 percent growth in adjusted EPS. PayPal Holdings revenue for the quarter ending March 31, 2020 was $4.618B, a 11.87% … The information and content are subject to change without notice. 2,244 crores) more this year, mostly on its mobile phone app that displays QR codes so that people can go into stores and pay without touching anything.Revenue increased 25 percent to $5.26 billion (roughly Rs. The company said it expects "revenue to grow 20% at current spot rates" and adjusted earnings to grow about 25%.While the payment processor is a member of the IBD Leaderboard, PayPal garners about 9% of TPV from eBay.Get instant access to exclusive stock lists, expert market analysis and powerful tools with 5 weeks of IBD Digital for only $5!Get market updates, educational videos, webinars, and stock analysis.Learn how you can make more money with IBD's investing tools, top-performing stock lists, and educational content.Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. It had 346 million active accounts as of June 30 vs. analyst estimates of 335 million.In the current September quarter, PayPal forecast TPV growth "on a percentage basis to be in high 20s." Read more about Paypal reports 86% jump in Q1 profit due to e-commerce growth; stock up 6% on Business Standard. For the third quarter, PayPal expects 30% growth in total payment volume, 25% growth in revenue on a currency-neutral basis, and 25% growth in adjusted earnings per share. The company expects earnings per share for the full year to increase about 25% on 22% revenue growth

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