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eBay Likely To Report Higher Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
eBayeBay(US:EBAY) Benzingaยท2024-07-31 17:06

Financial Results - eBay Inc. is set to release its second quarter financial results on July 31, with analysts expecting earnings of $1.13 per share, an increase from $1.03 per share in the same period last year [1] - Revenue expectations for eBay are projected at $2.53 billion, slightly up from $2.51 billion a year ago [1] - eBay's shares increased by 1.5%, closing at $55.40 on the day prior to the announcement [1] Analyst Ratings - Wolfe Research analyst Deepak Mathivanan initiated coverage with a Peer Perform rating on July 16, achieving an accuracy rate of 80% [2] - JP Morgan analyst Doug Anmuth reinstated a Neutral rating with a price target of $60 on June 25, with an accuracy rate of 84% [2] - Benchmark analyst Daniel Kurnos reiterated a Buy rating with a price target of $58 on June 17, holding an accuracy rate of 73% [2] - Baird analyst Colin Sebastian maintained an Outperform rating and raised the price target from $57 to $58 on June 17, with an accuracy rate of 77% [2] - Truist Securities analyst Youssef Squali maintained a Hold rating and increased the price target from $48 to $50 on May 6, achieving an accuracy rate of 80% [2]