35.74 -2.23 (-5.87%)
After hours: 7:59PM EDT
|Bid||35.53 x 1000|
|Ask||35.78 x 2000|
|Day's Range||37.54 - 38.22|
|52 Week Range||27.28 - 39.28|
|PE Ratio (TTM)||5.70|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Yahoo Finance's Jen Rogers and Seana Smith break eBay earnings released after the bell.
Amazon and eBay accused of turning blind eye to VAT fraud
Yahoo Finance's Seana Smith is tracking Ford, eBay and Apple in intraday trading on Tuesday.
The online marketplace is making a big push to catch up to Amazon.com Inc with three-day guaranteed delivery and a more user-friendly website, hoping to distinguish itself as a haven for specialty items rather than commodity products. Factoring in the higher costs, eBay forecast fourth-quarter adjusted profit, excluding some costs, of between 57 cents and 59 cents per share. On that basis, analysts on average were expecting a profit of 59 cents per share, according to Thomson Reuters I/B/E/S.
For its third quarter, the online auction giant said it earned $514 million, or 48 cents per share, while non-GAAP earnings were also 48 cents per share. Revenue was also similar to what the Wall Street consensus estimate called for as eBay raked in $2.4 billion in sales versus an outlook of $2.37 billion. The company added that its gross merchandise volume (GMV) amounted to $21.7 billion, most of which came from eBay’s Marketplace platforms.
eBay Inc. (EBAY) just released its second-quarter 2017 financial results, posting earnings of 48 cents per share and revenues of $2.4 billion.
EBay Inc. reported higher-than-expected sales in its third quarter, but shares tumbled after the company lowered its annual profit outlook for the second consecutive quarter.
EBay said it expects to earn between 57 cents and 59 cents during the current fourth quarter, below views for 60 cents.
EBay Inc. gave a lackluster profit forecast for the holiday quarter, blunting investor enthusiasm that the online marketplace was solidifying its position in an industry dominated by Amazon.com Inc.
The San Jose, California-based company said it had profit of 48 cents per share. The results met Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was ...
EBay Inc. shares plunged in the extended session Wednesday day after the company reported third-quarter earnings. EBay shares fell 4.2% to 36.40 after hours. The company reported third-quarter net income ...
EBay Inc reported an 8.7 percent increase in quarterly revenue on Wednesday as revamps to its e-commerce platforms helped attract more customers. The company's net income rose to $523 million, or 48 cents ...
eBay (EBAY) is lower after hours, despite reporting an in-line third quarter, as its forecast was mixed. For the quarter, eBay said it earned 48 cents a share, matching analysts’ estimates. This summer eBay fell after reporting an-line second quarter but light guidance.
Ebay (ticker: EBAY) is reporting its third-quarter earnings after the closing bell Wednesday. At least one analyst thinks the stock has modest upside ahead. Dan Salmon, the Internet analyst with BMO Capital Markets, gives the stock a value of $40 a share.