PayPal Earnings: What Investors Need to Know
PayPal (NASDAQ: PYPL) is firing on all cylinders. Since the beginning of 2020, the company has launched an array of new products, including a "buy now, pay later" service, support for cryptocurrency, QR code payments, and a new mobile app that features personalized shopping tools and a high-yield savings account.
Not surprisingly, PayPal's share price has soared 145% over that time period, reflecting its growing dominance in the digital payments space. However, the company narrowly missed Wall Street's sales consensus last quarter, and the stock price has tumbled 13% from its high. Can PayPal deliver a beat this time around?
In this Backstage Pass video, which aired on Oct. 1, Motley Fool contributors Jon Quast and Jason Hall discuss what investors should look for when PayPal delivers its third-quarter earnings report on Nov. 1.
Source Fool.com
