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Benzinga
Benzinga
Business
Henry Khederian

Why PayPal Shares Are Falling

PayPal

Paypal Holdings Inc (NASDAQ:PYPL) shares are trading lower by 11% at $156.00 in Tuesday's after-hours session after the company reported worse-than-expected fourth-quarter EPS results.

PayPal reported quarterly earnings of $1.11 per share, which missed the analyst consensus estimate of $1.12. PayPal also reported fourth-quarter sales of $6.90 billion, which did beat the $6.86 billion estimate by analysts.

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