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.

Continue reading

Quelle Fool.com