PayPal raises 2026 earnings outlook, reaffirms turnaround

1. 1PayPal (PYPL) reaffirmed its turnaround plan and raised its 2026 earnings guidance.
2. 2Annual adjusted EPS of about $5.38 topped Wall Street estimates of $5.31, while Q2 total payment volume rose 9% on a currency-neutral basis to $486.4 billion.
3. 3The company views the $53 billion takeover proposal from Stripe and Advent International as undervaluing the firm and seeks to prove its corporate value.

Source Reuters · View original ↗

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