PayPal Surpasses EPS Forecasts, Keeps 2025 Guidance Steady Despite Economic Pressures

Benzinga

PayPal beat first-quarter earnings estimates but missed on revenue and reaffirmed its 2025 guidance amid macro uncertainty. The fintech giant reported adjusted earnings per share of $1.33, beating expectations, while revenue came in at $7.79 billion, slightly below forecasts. PayPal's transaction margin dollars rose 7% to $3.7 billion, marking its fifth straight quarter of profitable growth under CEO Alex Chriss. Venmo revenue rose 20% year over year, with total payment volume up 10%. PayPal issued stronger-than-expected second-quarter guidance, projecting adjusted earnings per share of $1.29 to $1.31, above analysts' estimates. The company expects transaction margin dollars to rise 4% to 5%, reaching $3.75 billion to $3.8 billion.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02PayPal reported that Venmo's revenue grew 20% year-over-year in the first quarter,

00:06though it did not disclose a specific dollar amount.

00:09Bestors have questioned its monetization potential amid rising competition,

00:13despite Venmo's popularity.

00:15Venmo's total payment volume rose 10% year-over-year,

00:17while revenue grew at twice that rate, highlighting its monetization potential.

00:22Revenue comes with products like Pay and Venmo and debit cards,

00:25as well as instant transfers, not peer-to-peer payments.

00:28Analysts from Jeffries and Compass point high.

00:31For all things money, visit Benzinga.com slash GSTV.

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