(NASDAQ: PYPL) posted its fourth-quarter earnings report on Feb. 7. The digital payment provider's revenue rose 9% year over year to $8 billion, which beat analysts' estimates by $130 million, while its adjusted earnings grew 19% to $1.48 per share and cleared the consensus forecast by $0.12 per share.
However, PayPal's stock stumbled after the report and remains more than 80% below its all-time high. Let's see why the bulls are staying away from PayPal -- and whether value-seeking investors should buy it as a turnaround play.
Image source: PayPal.
Source Fool.com