Examining the Future: eBay's Earnings Outlook

eBay (NASDAQ:EBAY) is preparing to release its quarterly earnings on Wednesday, 2024-10-30. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect eBay to report an earnings per share (EPS) of $1.18.

Anticipation surrounds eBay's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Earnings History Snapshot

During the last quarter, the company reported an EPS beat by $0.06, leading to a 1.11% increase in the share price on the subsequent day.

Here's a look at eBay's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

1.12

1.12

1.03

0.94

EPS Actual

1.18

1.25

1.07

1.03

Price Change %

1.0%

-3.0%

8.0%

-2.0%

Market Performance of eBay's Stock

Shares of eBay were trading at $62.99 as of October 28. Over the last 52-week period, shares are up 63.06%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Analyst Insights on eBay

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on eBay.

Analysts have given eBay a total of 25 ratings, with the consensus rating being Neutral. The average one-year price ...