Rodolfo Ignacio Gebauer Werner
Hello everyone πŸ‘‹πŸ» $PYPL (PayPal Holdings) will launch an advertising network taking advantage of the millions of users it has and increase its sales growth. To do this, it has hired Mark Grether, former director of advertising at Uber πŸ‘” Seek to generate personalized promotions powered by AI πŸ€– and reach millions of PayPal and Venmo users πŸ‘₯ It is good news, in addition Paypal is a position in my portfolio and I will take advantage of showing the results of the first quarter of 2024 that it reported a month ago. PAYPAL Q1 FY24: πŸ’Ή Sales were 7.7 billion dollars, a year-on-year increase of 9% and exceeding expectations by 180 million. πŸ’° Earnings per share: $1.40, beating analyst expectations by $0.18. πŸ“Š The operating margin was 15%, 1 point more than last year. It was a good report although they have to be careful because active accounts decreased -1% YoY to 427M. Although Transactions per asset +13% Y/Y. πŸ‘πŸ» The company is trading at 15x PE ratio so it is not that expensive and it continues to show good EPS growth. Greetings! πŸ“Š (graphic taken from EconomyApp) $SPX500 $NSDQ100 $META (Meta Platforms Inc)
2 replies
1 reply
null
.