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PayPal's profit push slows unbranded business growth, shares drop 10%


//business-finance.news-articles.net/content/202 .. ws-unbranded-business-growth-shares-drop-10.html
Published in Business and Finance on by Reuters   Print publication without navigation

PayPal's shares fell nearly 10% on Tuesday, after the digital payments giant's unbranded card processing business saw a sharp slowdown in growth and its operating margin shrank in the fourth quarter.

PayPal Holdings Inc. forecasted a 2025 profit above Wall Street estimates, signaling that its turnaround strategy is gaining traction. The company expects adjusted profit per share to be between $5.10 and $5.30 for 2025, surpassing the average analyst estimate of $5.00. This optimistic outlook comes as PayPal focuses on enhancing its branded checkout button, expanding its unbranded checkout solutions, and improving its profitability through cost-cutting measures. CEO Alex Chriss emphasized the company's commitment to innovation and efficiency, aiming to drive growth and shareholder value. The forecast reflects PayPal's efforts to adapt to a competitive digital payments landscape and recover from previous challenges including slower growth and margin pressures.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/paypal-forecasts-2025-profit-above-estimates-turnaround-gains-traction-2025-02-04/ ]

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