economy
February 3, 2026
PayPal shares plunge nearly 20% on CEO exit, disappointing 2026 profit forecast
PayPal logged revenue of $8.68 billion for the quarter, missing estimates of $8.80 billion. Adjusted profit was $1.23 a share, also below analysts' forecasts.
TL;DR
- PayPal's quarterly revenue was $8.68 billion.
- This revenue figure missed estimates of $8.80 billion.
- Adjusted profit was $1.23 per share.
- The adjusted profit also fell below analysts' forecasts.
Continue reading the original article