{"id":20051,"date":"2023-08-03T09:02:51","date_gmt":"2023-08-03T16:02:51","guid":{"rendered":"https:\/\/marketdepth.com\/?p=20051"},"modified":"2023-08-14T09:42:27","modified_gmt":"2023-08-14T16:42:27","slug":"paypal-tumbles-as-second-quarter-earnings-released","status":"publish","type":"post","link":"https:\/\/marketdepth.com\/paypal-tumbles-as-second-quarter-earnings-released\/","title":{"rendered":"PayPal Tumbles As Second-Quarter Earnings Released"},"content":{"rendered":"\n

PayPal (PYPL:NASD)<\/strong> stock falls as weak margins cast shadow over the digital payment sector. The hit to the company came with their loan division who have now tightened their requirements on loans.<\/p>\n\n\n\n

PayPal has seen lower margins which has come under scrutiny as the company saw operating margins at 21.7%. The company is in the process of finding a new CEO to continue to drive growth and expansion for the company.<\/p>\n\n\n\n

\n

“We are in the very final stages of the process with several outstanding candidates.”<\/p>\nPayPal CEO Dan Schulman<\/cite><\/blockquote>\n\n\n\n

PayPal announced a $1.22-1.24 profit per share which is in-line with analyst expectations.<\/p>\n","protected":false},"excerpt":{"rendered":"PayPal (PYPL:NASD) stock falls as weak margins cast shadow over the digital payment sector. The hit to the company came with their loan division who have now tightened their requirements on loans. PayPal has seen lower margins which has come under scrutiny as the company saw operating margins at 21.7%. The company is in the… View Article<\/a>","protected":false},"author":3,"featured_media":18037,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"pmpro_default_level":0,"footnotes":""},"categories":[10,31,17,7,16],"tags":[],"acf":[],"yoast_head":"\nPayPal Tumbles As Second-Quarter Earnings Released - MarketDepth<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/marketdepth.com\/paypal-tumbles-as-second-quarter-earnings-released\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PayPal Tumbles As Second-Quarter Earnings Released - MarketDepth\" \/>\n<meta property=\"og:description\" content=\"PayPal (PYPL:NASD) stock falls as weak margins cast shadow over the digital payment sector. 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