PYPL Q4 Earnings Top Estimates, Shares Fall on Margin Contraction

PayPal Holdings (PYPL) reported fourth-quarter 2024 non-GAAP earnings of $1.19 per share, which surpassed the Zacks Consensus Estimate by 5.31$8.366 billion increased 4.2% year over year on a reported basis and 7% on a forex-neutral basis. The figure beat the consensus mark by 1.67%.However, shares were down roughly 9% as the company’s non-GAAP operating margin contracted 30 bps on a year ...