Jul. 30 at 2:07 PM
$PYPL crushed Q2 expectations — so why the 8% sell-off? 😬
EPS and revenue both topped the Zacks Consensus Estimates… but shrinking transaction margins spooked the Street.
🧾 Revenue of
$7.73B beat the estimate of
$7.69B
💰 EPS of
$1.16 topped the
$1.15 consensus
📉 Transaction margin dropped to 46.5% from 48.7% YoY
Find out what this means for fintech ETFs like
$IPAY &
$FINX 👉
https://www.zacks.com/stock/news/2637716/paypal-falls-despite-q2-earnings-beating-estimates-etfs-in-focus?cid=sm-stocktwits-2-2637716-teaser-4638&ADID=SYND_STOCKTWITS_TWEET_2_2637716_TEASER_4638