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PayPal Holdings Inc. is lifting its outlook on two closely watched profitability metrics in light of upbeat performances from businesses ranging from debit cards to the core checkout button to Venmo, which just booked its highest revenue growth rate since 2023.
The company now expects $15.35 billion to $15.5 billion in transaction-margin dollars, a metric that tracks the company’s ability to process payment volume profitably. PayPal’s
PYPL prior outlook was for $15.2 billion to $15.4 billion. PayPal also now models $5.15 to $5.30 in adjusted earnings per share, whereas it was previously calling for $4.95 to $5.10.
This post was originally published on Market Watch
