Earnings Outlook: PayPal seems on track to ‘clear a low bar.’ Is that enough to help its stock?

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E-commerce spending appears to have held up better than expected to start the year, and that could help PayPal Holdings Inc. when it posts earnings Monday afternoon.

Shares of the e-commerce company have shed 60% of their value since the start of 2022, with PayPal PYPL executives making a series of guidance cuts during that span, but some analysts expect management to lift expectations this time around.

“With…

This article was originally published by Marketwatch.com. Read the original article here.

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