eBay Inc. (EBAY) reported first-quarter 2024 non-GAAP earnings of $1.25 per share, which beat the Zacks Consensus Estimate by 4.2%. The bottom line was up 13% year over year.Net revenues of $2.56 billion surpassed the Zacks Consensus Estimate of $2.53 billion. The figure increased 2% from the year-ago quarter on a reported and FX-neutral basis.Strengthening momentum across advertising offerings of EBAY was a tailwind.eBay’s first-party advertising products generated revenues of $370 million, up 30% on a rep ...

EBay’s gross merchandise volume (GMV) eked out slight gains in the most recent quarter, but the tally of 131 million active buyers in the quarter was unchanged.And growth may be a longer term story – a year-end story, in fact, amid uneven consumer spending. Investors sent the shares lower in after-hours trading on Wednesday by about 5%.CEO Jamie Iannone said on the conference call with analysts, “We remain on track for GMV growth turn positive by Q3 or Q4 of this year.”Motor parts and accessories was once a ...

eBay Inc. (NASDAQ:EBAY) Q1 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Company Participants John Egbert - VP of IR Jamie Iannone - CEO Steve Priest - CFO Conference Call Participants Nathan Feather - Morgan Stanley Colin Sebastian - Baird Eric Sheridan - Goldman Sachs Tom Champion - Piper Sandler Bryan Smilek - JPMorgan John Blackledge - TD Cowen Richard Kramer - Arete Research Michael Morton - MoffettNathanson Operator Good afternoon, and welcome to eBay's First Quarter 2024 Earnings Conference Ca ...

eBay (EBAY) reported $2.56 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 1.8%. EPS of $1.25 for the same period compares to $1.11 a year ago.The reported revenue represents a surprise of +0.99% over the Zacks Consensus Estimate of $2.53 billion. With the consensus EPS estimate being $1.20, the EPS surprise was +4.17%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their nex ...

eBay Inc (NASDAQ: EBAY) is in the red in extended hours today even though it came in ahead of Street estimates for its fiscal Q1.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.eBay stock down on muted guidanceCopy link to sectionThe stock is taking a hit primarily because the management failed to impress with its guidance. $EBAY now forecasts its revenue to fall between $2.49 billion and $2.54 billion on up to $1.15 of per-share earnings. Analysts, i ...

Exhibit 99.1 eBay Inc. Reports First Quarter 2024 Results • Revenue of $2.6 billion, up 2% on an as-reported basis and up 2% on an FX-Neutral basis • Gross Merchandise Volume of $18.6 billion, up 1% on an as-reported basis and roughly flat on an FX- Neutral basis • GAAP and Non-GAAP earnings per diluted share of $0.85 and $1.25, respectively • GAAP and Non-GAAP operating margin of 24.7% and 30.3%, respectively • Returned $638 million to shareholders in Q1, including $499 million of share repurchases and $13 ...

The upcoming report from eBay (EBAY) is expected to reveal quarterly earnings of $1.20 per share, indicating an increase of 8.1% compared to the year-ago period. Analysts forecast revenues of $2.53 billion, representing an increase of 0.8% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.9% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a company's ea ...

POLAND - 2024/02/23: In this photo illustration, an Ebay logo seen displayed on a smartphone. (Photo ... [+] Illustration by Mateusz Slodkowski/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImageseBay (NASDAQ: EBAY) is scheduled to report its fiscal Q1 2024 results on Wednesday, May 1. We expect the stock to post mixed results with revenues beating the consensus but earnings missing the mark. The company outperformed the street estimates in the last quarter, with net revenues in ...

Now in its 5th year, eBay's Up & Running Grants program demonstrates the company's ongoing commitment to entrepreneurial success on its platform. With the grants, small businesses are able to invest in physical and digital store improvements, new equipment and inventory, hiring, training, marketing and more. A survey of last year's awardees reveals that 90% found the grant extremely or very helpful, and 90% also felt more confident about the future of their businesses. Further, 10% of recipients say they le ...

Here are two stocks with buy rank and strong value characteristics for investors to consider today, April 24th:Gentherm Incorporated (THRM) : This thermal management and pneumatic comfort technologies company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.4% over the last 60 days.Gentherm has a price-to-earnings ratio (P/E) of 17.75, compared with 20.04 for the S&P 500. The company possesses a Value Score  of B.eBay Inc. (EBAY) : This onlin ...