PayPal (PYPL) Q4 Earnings Beat Estimates, Revenues Up Y/Y

PayPal Holdings, Inc. (PYPL) reported non-GAAP earnings of $1.48 per share for fourth-quarter 2023, which beat the Zacks Consensus Estimate by 8.8%. The figure improved 19% on a year-over-year basis.Net revenues of$ 8.03 billion exhibited year-over-year growth of 9% on an FX-neutral basis, as well as on a reported basis. The figure surpassed the Zacks Consensus Estimate of $7.88 billion.Growing transaction and other value-added services’ revenues drove top-line growth year over year in the reported quarter. ...