Will eBay (EBAY) Beat Estimates Again in Its Next Earnings Report?

Core Viewpoint - eBay is positioned as a strong candidate for investors due to its consistent performance in beating earnings estimates, particularly in the last two quarters, with an average surprise of 2.64% [1] Earnings Performance - For the most recent quarter, eBay reported earnings of $1.19 per share, exceeding the expected$1.18 per share, resulting in a surprise of 0.85% [2] - In the previous quarter, eBay's actual earnings were $1.18 per share against an expectation of$1.13 per share, leading to a surprise of 4.42% [2] Earnings Estimates - There has been a favorable change in earnings estimates for eBay, with a positive Zacks Earnings ESP of +0.58%, indicating bullish sentiment among analysts regarding the company's earnings prospects [3][6] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat [6] Predictive Metrics - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [4] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [5] Investment Strategy - Investors are encouraged to check a company's Earnings ESP prior to quarterly releases to enhance the likelihood of successful investment decisions [7]