$PYPL TOP 20 - EARNINGS JUST RELEASED -
Added 2024-10-29 11:29:52 +0000 UTCMIxed results:
$PYPL - Reports Q3 $1.20 v $1.08e - Rev $7.85B v $7.86Be;
- Raises FY24 EPS outlook, but guides Q4 below est
- Guides Q4 EPS 'Low to mid-single-digit decrease' (implies EPS '$1.05 v $1.10e)
- Rev up low single digits (cc) [implies $8.08-8.32B] v $8.49Be
- Raises FY24 adj EPS growth 'High teens' v $3.83 y/y v $4.45e (prior: growth 'low to mid-teens' y/y)
- Affirms FY24 FCF $6B (prior: $6B)
Raises the FY24 outlook but guides down for Q4 is probably what is hurting $PYPL in the PM now but for us.....that is perfect!!
Means nothing has changed overall but we can get our pull back as expected and can add again, probably could not ask for a better scenario.
Only adjustment to the chart is the pull back levels in amber, with the consideration that Wave 5 is complete now.
Everything else is the same.
Comments
Once Wave 5 ends, what should we be looking out for next?
Benson K
2024-10-29 13:42:43 +0000 UTCHit $73 in premarket…does that count?? Not sure how you treat premarket moves in your TA. What a strong bounce so far.
Trading Chairman
2024-10-29 12:18:46 +0000 UTCYou can do as you wish
Gareth Neary
2024-10-29 11:42:37 +0000 UTCIf we expect a pullback to at least 73.54 - wouldn't make sense to take profit and add later again?
Andreas
2024-10-29 11:37:17 +0000 UTCI was looking forward to this pull back. Thank you
Pierre penasa
2024-10-29 11:34:03 +0000 UTC
