US Stock Market Move | Q2 earnings per share will decline, Paypal (PYPL.US) falls over 10%

On Tuesday, Paypal (PYPL.US) fell more than 10% after earnings, now trading at $45.49. In terms of news, Paypal's net revenue for the first quarter was $8.35 billion, compared to an estimated $8.05 billion; adjusted earnings per share for the first quarter were $1.34, compared to an estimated $1.27; first quarter adjusted free cash flow was $1.72 billion; and first quarter net revenue was $8.35 billion, as expected. Paypal expects adjusted earnings per share for the second quarter to decline by a high single-digit percentage, or by about 9%; the expected earnings per share for the second quarter are $1.34; and the expected earnings per share for the 2026 fiscal year are $5.32, with revenue expected to be $34.06 billion.