PayPal Rang Alarm Bells on Inflation. Why Analysts Are Staying Bullish.

PayPal Holdings

‘ earnings report was a mixed bag at best, but at least five analysts poured in with bullish takes after the results.

On Thursday after the bell, the online payments company reported fourth-quarter adjusted earnings of $1.24 per share, ahead of the $1.20 estimated by analysts tracked by FactSet. Plus, it announced an additional $600 million of cost savings for 2023—on top of the previously planned $1.3 billion—thanks to head count and expense reduction.