PayPal shares drop on Q4 miss, Enrique Lores named next CEO

PayPal shares fell premarket after Q4 earnings missed estimates, with EPS of $1.23 on $8.68 billion revenue versus expectations of $1.29 on $8.79 billion. The company named Enrique Lores as CEO effective March 1, 2026, replacing Alex Chriss, while CFO Jamie Miller will serve as interim CEO during the transition.
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