1 week ago
eBay Inc. (NASDAQ:EBAY) is in the spotlight Wednesday ahead of the company’s fourth quarter earnings report after the market closes.
- EBay stock is taking a breather. Where is EBAY stock headed?
Earnings Expectations, Recent Performance And What To Watch
Analysts estimate earnings per share of $1.35 and revenue of $2.88 billion. The company has beat estimates for earnings per share and revenue in four of the last four quarters. In its most recent quarter, reported on Oct. 29, the company posted earnings per share of $1.36, beating the consensus estimate of $1.33. In addition, it reported revenue of $2.82 billion, beating the consensus estimate of $2.73 billion.
Investors should keep an eye on EBay’s gross merchandise volume (GMV), which reflects overall sales activity on the platform, as it is a critical indicator of e-commerce health. Additionally, watch for trends in active buyer growth, which has been a focal point ...
