PayPal Earnings Show Refresh Is Working. Here’s What We Know.
PayPal has wrapped a strong year, and its latest quarterly earnings underscored that. For its fourth quarter, the fintech reported adjusted earnings of $1.19 per share, beating Wall Street’s call for $1.12, according to FactSet Net revenue of $8.37 billion was above the consensus estimate for $8.26 billion. “We set out at the beginning of 2024 to narrow our focus, improve execution, and reposition the business,” CEO Alex Chriss said in a statement.