PayPal stock beats Q2 earnings estimates, raises 2025 outlook, but shares dip amid soft transaction growth concerns.

PayPal topped Wall Street estimates for the quarter and raised full-year guidance, as CEO Alex Chriss pushes profitability over volume.

Analysts expect the San Jose, California-based company to report quarterly earnings at $1.30 per share, up from $1.19 per share in the year-ago period. PayPal is projected to report quarterly revenue of $8.08 billion, compared to $7.88 billion a year earlier, according to data from Benzinga Pro.

The company raised its full-year guidance, now expecting adjusted earnings per share of $5.15-$5.30, up from its previous forecast of $4.95-$5.10 and above the analyst consensus of $5.10. For the third quarter, PayPal projects adjusted EPS of $1.18-$1.22, compared to the consensus estimate of $1.21.

Nasdaq slips slightly as traders brace for Fed decision and tech earnings. Labor data and weak guidance from PayPal dent sentiment.

For the second quarter, PayPal issued better-than-expected guidance, forecasting adjusted earnings per share of $1.29 to $1.31, above the average analyst estimate of $1.21.