Why Is Paypal (PYPL) Up 8.5% Since Last Earnings Report?

Core Viewpoint - Paypal shares have increased by approximately 8.5% since the last earnings report, outperforming the S&P 500, raising questions about the sustainability of this positive trend leading up to the next earnings release [1] Group 1: Earnings Report and Estimates - Fresh estimates for Paypal have trended upward over the past month, with the consensus estimate shifting by 8.3% [2] - The stock has received a Zacks Rank 3 (Hold), indicating expectations for an in-line return in the coming months [4] Group 2: VGM Scores - Paypal has a Growth Score of B, a Momentum Score of B, and a Value Score of B, placing it in the second quintile for investment strategy [3] - The overall aggregate VGM Score for Paypal is A, which is significant for investors not focused on a single strategy [3]