PayPal beat first-quarter earnings estimates but missed on revenue and reaffirmed its 2025 guidance amid macro uncertainty. The fintech giant reported adjusted earnings per share of $1.33, beating expectations, while revenue came in at $7.79 billion, slightly below forecasts. PayPal's transaction margin dollars rose 7% to $3.7 billion, marking its fifth straight quarter of profitable growth under CEO Alex Chriss. Venmo revenue rose 20% year over year, with total payment volume up 10%. PayPal issued stronger-than-expected second-quarter guidance, projecting adjusted earnings per share of $1.29 to $1.31, above analysts' estimates. The company expects transaction margin dollars to rise 4% to 5%, reaching $3.75 billion to $3.8 billion.
