Financial Performance - eBay reported second-quarter revenue of $2.73 billion, reflecting a 6% year-over-year increase and surpassing the Street consensus estimate of $2.64 billion [1][2] - The company achieved earnings per share of $1.37, exceeding the Street consensus estimate of $1.30 [1][2] Gross Merchandise Volume - Gross merchandise volume for the quarter was $19.5 billion, also up 6% year-over-year [2] Future Guidance - eBay is guiding for third-quarter revenue to be between $2.69 billion and $2.74 billion, compared to a Street consensus estimate of $2.65 billion [2] - The expected range for third-quarter adjusted earnings per share is $1.29 to $1.34, aligning closely with the Street estimate of $1.30 [3] Market Reaction - eBay's stock increased by 10.43% to $85.56 in after-hours trading, with a 52-week trading range of $53.74 to $83.53 [3]

EBay projected sales that topped analysts’ estimates, suggesting the company expects continued consumer resilience to shifting US tariff proposals https://t.co/O6UjG8BaMA ...

Exhibit 99.1 eBay Inc. Reports Second Quarter 2025 Results San Jose, California, July 30, 2025 – eBay Inc. (Nasdaq: EBAY), a global commerce leader that connects millions of buyers and sellers around the world, today reported financial results for its second quarter ended June 30, 2025. "eBay delivered another strong quarter, with results exceeding expectations across the board," said Jamie Iannone, Chief Executive Officer at eBay. "Our momentum reflects the strength of our strategic execution and the resil ...

Core Viewpoint - eBay Inc. reported strong financial results for Q2 2025, exceeding expectations and demonstrating strategic execution and marketplace resilience, with a focus on long-term growth and shareholder value [2][4]. Financial Highlights - Net revenues for Q2 2025 were $2.73 billion, a 6% increase from $2.57 billion in Q2 2024 [4][5]. - GAAP net income from continuing operations was $369 million, or $0.79 per diluted share, compared to $226 million, or $0.45 per diluted share in the prior year [4][5]. - Non-GAAP net income from continuing operations was $643 million, or $1.37 per diluted share, up from $602 million, or $1.18 per diluted share in Q2 2024 [4][5]. - Gross Merchandise Volume (GMV) reached $19.5 billion, reflecting a 6% increase year-over-year [5][27]. Operational Highlights - eBay launched eBay Live in the U.K. and eBay Live on Tour in the U.S., enhancing livestream shopping experiences [6]. - The company introduced an AI shopping agent for personalized product recommendations, currently available to a limited number of U.S. customers [6]. - eBay's Authenticity Guarantee program inspected over one million items in a quarter for the first time, indicating growth in luxury and streetwear brands [6]. - eBay's advertising revenue was $482 million in Q2, representing 2.5% of GMV, with first-party advertising products generating $455 million, a 19% increase year-over-year [6]. Business Outlook - For Q3 2025, eBay expects revenue between $2.69 billion and $2.74 billion, with FX-Neutral year-over-year growth projected at 3% to 5% [10][30]. - The company anticipates GMV in the range of $19.2 billion to $19.6 billion, with diluted GAAP EPS expected between $0.97 and $1.02 [10][30]. Capital Returns - eBay returned $759 million to shareholders in Q2 2025, including $625 million in share repurchases and $134 million in cash dividends [5][17]. - The Board declared a cash dividend of $0.29 per share for Q3 2025, payable on September 12, 2025 [11]. Balance Sheet - As of June 30, 2025, eBay's cash and cash equivalents totaled $2.07 billion, with total assets amounting to $17.96 billion [21][22]. - Total liabilities were reported at $13.21 billion, resulting in stockholders' equity of $4.75 billion [21][22]. Additional Information - eBay's active buyers remained stable at 134 million, reflecting a 1% increase year-over-year [27]. - The company was recognized in TIME's World's Most Sustainable Companies 2025 and Newsweek's America's Greenest Companies 2025 lists, highlighting its commitment to sustainability [6].

Core Insights - Zacks Premium offers various tools for investors to enhance their stock market engagement and confidence [1] - The Zacks Style Scores are designed to help investors select stocks with the highest potential to outperform the market in the short term [2] Zacks Style Scores Overview - Stocks are rated from A to F based on value, growth, and momentum characteristics, with A indicating the highest potential for outperformance [3] - The Style Scores are categorized into four types: Value Score, Growth Score, Momentum Score, and VGM Score [3][4][5][6] Value Score - The Value Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, and Price/Sales [3] Growth Score - The Growth Score assesses stocks based on projected and historical earnings, sales, and cash flow to identify sustainable growth opportunities [4] Momentum Score - The Momentum Score identifies stocks benefiting from price trends, utilizing metrics like weekly price changes and monthly earnings estimate shifts [5] VGM Score - The VGM Score combines all three Style Scores to highlight stocks with attractive value, strong growth forecasts, and positive momentum [6] Zacks Rank Integration - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investors in building successful portfolios [7] - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +23.75% since 1988, significantly outperforming the S&P 500 [7] Stock Selection Strategy - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal success [9] - The direction of earnings estimate revisions is crucial; stocks with lower ranks but high Style Scores may still face price declines [10] Company Spotlight: eBay - eBay is currently rated 3 (Hold) with a VGM Score of A and a Momentum Style Score of B, having seen a 6.1% increase in shares over the past four weeks [11] - For fiscal 2025, eBay's earnings estimate has been revised upwards by four analysts, with the Zacks Consensus Estimate now at $5.36 per share, reflecting an average earnings surprise of +3.1% [12]

瑞银将eBay的目标股价从每股73美元上调至82美元。 ...

Core Insights - eBay has launched a new checkout solution specifically designed for vehicle transactions [1] Group 1 - The new checkout solution aims to streamline the buying and selling process for vehicles on the eBay platform [1] - This initiative is part of eBay's broader strategy to enhance user experience and increase transaction volume in the automotive sector [1] - The solution is expected to provide users with a more efficient and secure way to complete vehicle purchases [1]

Group 1 - eBay is scheduled to report its earnings on July 30, 2025, with analysts projecting earnings of $1.30 per share on revenues of $2.64 billion, an increase from the previous year's earnings of $1.18 per share on sales of $2.57 billion [2][3] - Over the past five years, eBay's stock has shown a tendency toward negative one-day returns following earnings releases, with 65% of instances resulting in a median decline of -7.5% and a maximum drop of -11.7% [3][5] - The company currently has a market capitalization of $38 billion, generating $10 billion in revenue over the last twelve months, with operating profits of $2.3 billion and net income of $2.0 billion [4] Group 2 - Historical data indicates that eBay has recorded 17 earnings data points over the last five years, with 6 positive and 11 negative one-day returns, resulting in positive returns approximately 35% of the time [5][9] - Pre-earnings positioning strategies involve analyzing historical odds to establish a position before the earnings report, while post-earnings strategies involve observing immediate stock performance to inform subsequent trading decisions [6] - Correlation data between 1-day, 5-day, and 21-day returns post-earnings can help traders execute appropriate trades based on the highest correlation observed [7][8]

Core Insights - eBay has launched a new checkout solution specifically for vehicle transactions [1] Company Developments - The new checkout solution aims to streamline the buying and selling process for vehicles on the eBay platform [1]

Core Insights - eBay has launched Secure Purchase, a solution designed to simplify vehicle transactions by managing payment, financing, registration, ownership transfer, and transport in a single experience [1][2][3] Group 1: Product Features - Secure Purchase enhances the online vehicle buying and selling experience by removing complexity and providing assurance for users [3] - The service automates paperwork and ensures that both buyers and sellers are verified, with digital and traceable funds [3][4] - The process includes identity verification, selection of financing and insurance options, and independent verification of vehicle details through national databases [6] Group 2: Market Context - The launch of Secure Purchase comes amid rising consumer interest in high-quality pre-owned goods, particularly for significant purchases like vehicles [4] - In 2024, nearly 80% of vehicle purchases on eBay involved buyers and sellers from different states, highlighting the complexity of such transactions [3] - eBay aims to improve the entire vehicle ownership journey, from discovery to maintenance, through new tools and services [4]