With PayPal Holdings set to report Q2 earnings, investors are eager to see if CEO Alex Chriss, who took over from co-founder Dan Schulman less than a year ago, has made strides in boosting earnings growth. The company is expected to post an adjusted EPS of $0.99 for Q2, down from $1.08 in Q1. Analysts anticipate PayPal will raise its 2024 outlook, with the average estimate for full-year adjusted EPS now at $4.16, up from the company's April guidance of ~$3.83. However, this consensus estimate has decreased by 13% in the past three months and 25% over the past six months.
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