eBay (EBAY) PT Lifted to $72 at Baird Following Solid Q2
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Mizuho Securities Raises Price Target on eBay (EBAY) Following 2Q EPS Beat
July 17, 2015 8:04 AM EDTMizuho Securities maintained a Neutral rating on eBay (NASDAQ: EBAY), and raised the price target to $70.00 (from $65.00), following 2Q15 results. EBAY reported 2Q15 revenue of $4.4b, compared to $4.49 consensus. non-GAAP EPS of $0.76 came in above $0.72 consensus.
Analyst Neil Doshi commented, "eBay... More
eBay (EBAY) Tops Q2 EPS by 4c
July 16, 2015 7:41 AM EDTeBay (NASDAQ: EBAY) reported Q2 EPS of $0.76, $0.04 better than the analyst estimate of $0.72. Revenue for the quarter came in at $4.4 billion versus the consensus estimate of $4.49 billion.
PayPal net total payment volume (TPV) grew 20% in the second quarter to $66 billion, with Merchant Services volume up 27% and on-eBay volume down 1%. On an FX-neutral basis, PayPal TPV grew 28%, with Merchant Services volume up 36% and on-eBay volume up 6%. Payment volume through eBay Marketplaces was $14.5 billion, representing 22% of... More
