"New quarter, same story as gross profit headwinds persist on continued take rate pressure, offsetting better TPV growth," said analysts at Jefferies. PayPal's revenue jumped 9% to $7.4 billion on ...

The firm anticipates that PayPal will continue to see significant gross profit increases in the latter half of the year and forecasts a growth rate exceeding 6% for the fiscal year 2024.

The payment tech company's stock has suffered in the past 18 months as PayPal's (PYPL) gross profit dollar growth abruptly slowed to about flat in 2022 and 1% year-to-date in 2023, down from 17% ...

PayPal Holdings early Tuesday reported second-quarter earnings and revenue that topped estimates while total payment volume came in slightly below views. PayPal stock climbed as other key metrics ...

A theme for PayPal Holdings Inc. this year has been “profitable growth,” and the company said that played out in the third quarter as the company saw continued growth on a critical profit metric.

(Reuters) -PayPal on Tuesday raised its forecast for ... versus 87 cents a year ago. "While a gross profit beat was expected, magnitude of the upside surprised positively," analysts at Jefferies ...

But as the following chart illustrates, PayPal's annual transaction take rate ... Stripe, which is privately held, only had a gross take rate of 1.75% in 2022. Those shrinking take rates suggest ...

Jefferies sees PayPal stock gross profit growth, but warns of 2025 headwinds Open in App ...

"New quarter, same story as gross profit headwinds persist on continued take rate pressure, offsetting better TPV growth," said analysts at Jefferies. Story continues PayPal's revenue jumped 9% to ...