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PayPal announced a program aimed at generating over $1.5bn in savings over the next two to three years.
PayPal announced a program to generate over $1.5bn in savings within two to three years.
KEY POINTS
- The company restructured into three distinct divisions to clarify and streamline strategic priorities.
- PayPal projects 2026 adjusted EPS to be flat or slightly down from the prior year's $5.31.
- Current quarter adjusted profit is expected to decline by about 9%, worse than analyst estimates.
- Despite beating Q1 expectations, PayPal's stock dropped nearly 8% and is down 21% year-to-date.
COMPANIES
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