Shares of PayPal Holdings, Inc. (PYPL) are falling more than 25% in the morning trade on Wednesday after the company's first-quarter as well as full-year earnings outlook fell short of analysts' view.
For the first quarter, the company expects revenue to grow nearly 6% on a spot and FXN basis, and adjusted EPS to be about $0.87. On average, 31 analysts polled by Thomson Reuters expect the company to report earnings of $1.16 per share on revenue growth of 11.8%.
For the full-year, revenue is expected to grow in the range of 15%-17% on a spot and FXN basis, and adjusted earnings per share to be in the range of $4.60-$4.75. The consensus estimate for earnings stands at $5.25 per share and for revenue growth at 17.8%.
The company reported net income of $801 million or $0.68 per share in the fourth quarter, compared with $1.567 billion or $1.32 per share in the same quarter a year ago.
Excluding one-time items, earnings were $1.319 billion or $1.11 per share. The consensus estimate was for $1.12 per share.
Revenue for the quarter increased to $6.918 billion from $6.116 billion last year.
PYPL, currently at $131.43, touched a new low of $129.01 this morning.
For comments and feedback contact: editorial@rttnews.com
Business News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.