"Goldman Sachs Bullish on PayPal Despite Apple Concerns: Earnings Beat Expectations"

PayPal Holdings reported its full year 2023 earnings, with revenue reaching US$29.8 billion, a 8.2% increase from the previous year, and net income rising to US$4.25 billion, a 76% increase. The company's profit margin also improved to 14%. Earnings per share (EPS) surpassed analyst estimates by 3.9%, and future revenue growth is forecasted at 7.0% per year on average for the next 3 years. Despite a 9.5% decrease in share value over the past week, the company's balance sheet health and valuation remain important factors to consider.