Report
Martin Marandon-Carlhian ...
  • Stephane Houri

PayPal : The faster-than-expected migration of eBay volumes masks further excellent momentum – Outperform rating confirmed

>Q2 2021 slightly ahead of expectations - PayPal yesterday evening (after trading) reported Q2 2021 results that were generally ahead of expectations. Revenue came in at $ 6.24bn, up 17% yoy at constant exchange rates, in line with the consensus of $ 6.27bn (guidance $ 6.25bn). Transaction value (TPV) was $ 311bn, up 36% yoy at constant exchange rates (including +58% yoy for Venmo), while the number of new PayPal accounts was 11.4m (+16% yoy organic). Operating margin...
Underlying
PayPal Holdings Inc

PayPal Holdings is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants worldwide. The company's combined payment solutions include its PayPal, PayPal Credit, Braintree, Venmo, Xoom and iZettle products and services. PayPal's payment solutions enable the company's customers to send and receive payments. PayPal helps merchants and consumers connect, transact, and complete payments, whether they are online, on a mobile device, in an app, or in person. The company provides proprietary payment solutions accepted by merchants that enable the completion of payments on the company's Payments Platform on behalf of its customers.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Martin Marandon-Carlhian

Stephane Houri

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