PayPal lifts 2026 adjusted earnings outlook despite revenue missing analysts' estimates

PayPal's full-year 2026 adjusted earnings forecast rose to around $5.60 a share from around $5.38, The Wall Street Journal reports. Third-quarter adjusted earnings beat analysts' expectations at $1.45 a share, but $8.58 billion in revenue missed the $8.71 billion estimate cited by the Journal. CEO Enrique Lores said investing in consumer services through Venmo is part of a turnaround that will take years.