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PayPal tumbles after firm forecasts little profit growth in 2024

Fourth-quarter payments volume for PayPal exceeded expectations, but the company expects adjusted earnings to remain unchanged for 2024. ....

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PayPal Tumbles After Firm Forecasts Little Profit Growth in 2024

(Bloomberg) PayPal Holdings Inc. shares tumbled late Wednesday after the company said it expects earnings to be flat this year as it continues to cut costs and streamline its operations.Most Read from BloombergCitadel Among Hedge Funds That Got Morgan Stanley’s Block-Trading LeaksTesla Asks Which Jobs Are Critical, Stoking Layoff FearsChina Replaces Top Markets Regulator as Xi Tries to End RoutHaley Loses Nevada Primary to ‘None of These Candidates’ OptionUS Commercial Real Estate Contagion I ....

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Paypal (PYPL) Surpasses Q4 Earnings and Revenue Estimates

Paypal (PYPL) delivered earnings and revenue surprises of 8.82% and 1.81%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock? ....

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Compared to Estimates, Paypal (PYPL) Q4 Earnings: A Look at Key Metrics

Although the revenue and EPS for Paypal (PYPL) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. ....

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PayPal sees flat profit in 'transition year', shares fall

PayPal's forecast of flat growth in adjusted profit for the current year overshadowed its market-beating earnings report, sending shares of the payments giant down 7 per cent in extended trading. On a post-earnings call, newly appointed CEO Alex Chriss laid out a strategic plan to turn the company leaner i ....

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