PayPal forecast full-year profit above estimates on Tuesday, fueled by a push to revive growth in branded products, improve pricing and sharpen cost-cutting efforts, sending shares of the digital payments giant up 5% in premarket trading.

PayPal earnings topped estimates amid lowered expectations. Fiscal 2025 profit guidance for PayPal stock came in above expectations.

By Manya Saini (Reuters) -PayPal shares fell 5% in premarket trading on Tuesday after the digital payments giant's operating margin shrank in the fourth quarter, raising concerns over the possibility of a sluggish recovery and overshadowing a strong profit forecast for 2025.