In the fourth quarter, PayPal Holdings (PYPL) outperformed analyst predictions with higher than anticipated earnings and revenue. The company posted adjusted earnings per share of $1.48, surpassing the projected $1.36, and achieved revenue of $8.03 billion, exceeding estimates of $7.87 billion. Moreover, the total payment volume also exceeded expectations. Despite these positive results, investors were dissatisfied with the projected 2024 adjusted earnings per share of $5.10, which fell well below the expected $5.49. Additionally, the projected free cash flow of about $5 billion was lower than estimates of $6.2 billion. Yahoo Finance’s Josh Lipton and Julie Hyman provide a detailed analysis of the report. For further expert insights and the latest market developments, you can view the complete episode of Yahoo Finance Live by clicking here.Editor’s note: This article was written by Stephanie Mikulich
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