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PayPal seems on track to 'clear a low bar.' Is that enough to help its stock?

Earnings Outlook Published: May 6, 2023 at 1:30 p.m. ET PayPal’s first-quarter earnings are due out Monday afternoon PayPal shares have gained 5% so far this year, though they’re down 12% over a three-month span. PayPal E-commerce spending appears to have held up better than expected to start the year, and that could help PayPal

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Earnings Outlook

PayPal’s first-quarter earnings are due out Monday afternoon

PayPal shares have gained 5% so far this year, though they’re down 12% over a three-month span.

PayPal

E-commerce spending appears to have held up better than expected to start the year, and that could help PayPal Holdings Inc. when it posts earnings Monday afternoon.

Shares of the e-commerce company have shed 60% of their value since the start of 2022, with PayPal PYPL executives making a series of guidance cuts during that span, but some analysts expect management to lift expectations this time around.

“With…

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