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Business
Anushka Dutta

PayPal Holdings (PYPL) – Insights for This Trading Week

PYPL PayPal

Leading digital payments company PayPal Holdings, Inc. (PYPL) announced robust second-quarter results, with revenues reaching the top of projections. Projections for the third quarter demonstrate an expected increase in non-GAAP EPS growth of 13%-14% to $1.22-$1.24, marking an increase from $1.08 over the same period the previous year.

Moreover, projections for the fiscal year 2023 estimate a non-GAAP EPS growth of about 20%, increasing to approximately $4.95, up from $4.13 for the fiscal year 2022.

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