Q1 performance surpasses expectations but concerns remain about economic uncertainty. PayPal maintains its profit forecast for 2025 unchanged.
According to the Wisdom Financial APP, PayPal (PLPY.US) announced its first quarter financial report before the market opened on Tuesday Eastern Time. Despite the performance being better than analyst expectations, the company still maintains its annual profit forecast unchanged due to "global macroeconomic uncertainty." The payment company stated in its announcement that its adjusted earnings per share expectation for this year remains at $4.95 to $5.10.
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