PayPal Q1 earnings beat expectations, but Q2 guidance is weak, dropping over 10% intraday

robot
Abstract generation in progress

ChainCatcher News, digital payment company PayPal (PYPL) announced its Q1 2026 earnings report, with net revenue of $8.35 billion, surpassing market estimates of $8.05 billion; adjusted earnings per share of $1.34, higher than the forecasted $1.27.

However, the company provided a cautious outlook for the second quarter, expecting adjusted earnings per share to decline approximately 9% quarter-over-quarter, with guidance of $1.34. It also provided full-year guidance for fiscal 2026, with adjusted earnings per share of $5.32 and revenue of $34.06 billion.

Affected by the Q2 guidance falling short of expectations, PayPal’s U.S. stocks briefly dropped over 10% during trading, currently down about 8%.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin