PayPal Trims Its Revenue Outlook While Bumping Up Profit Expectations
With its second-quarter 2019 earnings release, PayPal Holdings (NASDAQ: PYPL) demonstrated that through the first half of the year, it made sterling progress across nearly all key metrics. However, there was an interesting wrinkle in the financial picture: Management revised its full-year outlook with a lower top-line estimate, but an increased bottom-line target. We'll discuss that forecast tweak below after walking through the headline numbers and relevant details from the last three months.
Data source: PayPal Holdings.
Image source: Getty Images.
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