Investing.com - PayPal Holdings Inc (NASDAQ:PYPL) reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
PayPal Holdings Inc announced earnings per share of $1.08 on revenue of $6.12B. Analysts polled by Investing.com anticipated EPS of $0.9955 on revenue of $6.08B.
PayPal Holdings Inc shares are up 5.22% from the beginning of the year and are trading at $254.33 , down-from-52-week-high.They are outperforming the S&P 500 which is up 1.97% from the start of the year.
PayPal Holdings Inc shares gained 0.97% in after-hours trade after the report.
PayPal Holdings Inc follows other major Financial sector earnings this month
PayPal Holdings Inc's report follows an earnings beat by JPMorgan on Friday, January 15, 2021, who reported EPS of $3.79 on revenue of $30.16B, compared to forecasts EPS of $2.62 on revenue of $28.67B.
Mastercard had beat expectations on Thursday, January 28, 2021 with fourth quarter EPS of $1.64 on revenue of $4.12B, compared to forecast for EPS of $1.52 on revenue of $4B.
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