PayPal: 27% growth in quarterly EPS
The payment solutions group's revenues rose by 9% to $7.7 billion (+10% at constant exchange rates), on total payment volumes up 14% (both gross and at constant exchange rates) to 403.9 billion.
In its new non-GAAP methodology, PayPal says it expects full-year adjusted EPS for 2024 to rise in the mid- to high-single digits, compared with a comparable base of $3.83 last year.
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