PayPal stock soars after Q2 beat and year guidance boost

Aug. 02, 2022 4:39 PM ETPayPal Holdings, Inc. (PYPL) StockBy: Liz Kiesche, SA News Editor44 Comments

PayPal"s Stock Tumbles On Poor Quarterly Earnings Report

Justin Sullivan

PayPal Holdings (NASDAQ:PYPL) shares are surging 13% in Tuesday after-hours trading after the fintech boosted its full-year guidance.

The fintech guides for Q3 adjusted EPS of $0.94-$0.96 vs. consensus of $0.95; sees net revenue of $6.80B vs. $7.02B consensus.

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