PayPal reported its Q1 earnings, revealing mixed results with an adjusted EPS of $1.08, below the expected $1.21, but surpassing revenue forecasts with $7.7 billion against an anticipated $7.51 billion. The company's total payment volume reached $403.9 billion, exceeding estimates of $392.9 billion. Despite missing on EPS, PayPal raised its full-year adjusted profit forecast, citing robust consumer spending and improved margins. This earnings report marks the first under a new calculation method. The stock is up around 6%, with Q1 revenue up 9% YoY, payment volume up 14% YoY, and transaction margin dollars up 4% YoY.