PayPal - Ignore the noise - Strong buy
RSI indicator showing that PYPL is oversold. We see a rapid reversal.
1D RSI @ 19.
PayPal profit beats estimates, U.S. Venmo users can pay on Amazon from next year
The San Jose, California-based digital payments company's net income rose to $1.09 billion, or 92 cents per share, in the three months ended Sept. 30, from $1.02 billion, or 86 cents per share, a year earlier.
On an adjusted basis, PayPal earned $1.11 per share, above analysts' average estimate of $1.07, according to IBES data from Refinitiv.
Net revenue in the third quarter rose over 13% to $6.18 billion.
1D RSI @ 19.
PayPal profit beats estimates, U.S. Venmo users can pay on Amazon from next year
The San Jose, California-based digital payments company's net income rose to $1.09 billion, or 92 cents per share, in the three months ended Sept. 30, from $1.02 billion, or 86 cents per share, a year earlier.
On an adjusted basis, PayPal earned $1.11 per share, above analysts' average estimate of $1.07, according to IBES data from Refinitiv.
Net revenue in the third quarter rose over 13% to $6.18 billion.
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