Shares of PayPal fell more than 5% in overnight exchanges,
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Despite beating profit and earnings estimates for the second from last quarter
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Because the company's Q4 earnings fell behind analysts' assumptions.
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$1.08 per share, X-Things, versus 96 paise expected
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Earnings: $6.85 billion, compared to $6.82 billion expected according to Refinitiv
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Analysts estimated the company's Q4 revenue to come in at $7.38 billion,
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Which isn't really a compromise assumption of $7.74 billion.
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PayPal raises EPS guidance for full fiscal year
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adding that it has benefited from a "sustained efficiency drive".
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It expects to add 8 to 10 million net new dynamic customers in the financial year.
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The organization said it is working with Apple
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in order to upgrade your contributions to PayPal and Venmo,
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