12:30 PM EST, 02/04/2025 (MT Newswires) -- (Updates with the latest stock movement in the headline and first paragraph.)

PayPal Holdings ( PYPL ) shares dropped nearly 11% in recent Tuesday trading after the company issued Q1 non-GAAP earnings guidance that suggests a sequential decline from Q4.

The company earlier reported Q4 non-GAAP earnings of $1.19 per diluted share, up from $1.14 a year earlier.

Analysts polled by FactSet expected $1.12.

Net revenue for the quarter ended Dec. 31 was $8.37 billion, compared with $8.03 billion a year earlier.

Analysts polled by FactSet expected $8.26 billion.

The company said it expects Q1 non-GAAP EPS of $1.15 to $1.17. Analysts polled by FactSet expect $1.13.

PayPal ( PYPL ) said it expects 2025 non-GAAP EPS of $4.95 to $5.10. Analysts polled by FactSet expect $4.90.

The company also said its board approved a new $15 billion share buyback program in addition to its 2022 repurchase authorization, which had remaining balance of $4.86 billion as of Dec. 31.

Price: 79.86, Change: -9.66, Percent Change: -10.79