eBay Inc. Reports First Quarter 2016 Results
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Jefferies Sees eBay (EBAY) Results As Mixed
April 27, 2016 10:07 AM EDTJefferies analyst, Brian Pitz , sees eBay's (NASDAQ: EBAY) financial metrics as ahead of expectations but with operating metrics that were a bit soft. Guidance also came in mixed with soft margins overshadowing good top line growth. Despite progress in key strategic initiatives (e.g. transition to structured data), more time is needed before any expected benefits start showing up in results (more likely toward end of 2016). No change to Hold rating but PT increases to $27 (from $25).
Net rev of $2.14B was up... More
Stubhub And Buybacks Drive Revenue and EPS Upside At eBay (EBAY) - Wedbush
April 27, 2016 8:16 AM EDTWedbush analyst, Gil Luria, is encouraged by eBay's (NASDAQ: EBAY) reacceleration of marketplace revenue (3% YoY), reversing a deceleration trend that has persisted for the last 3 quarters. The PT increases to $26 from $24 on a consistent 14x earnings multiple. The firm maintained a Neutral rating.
Q1 revenue of $2.14 billion... More
UPDATE: eBay (EBAY) Tops Q1 EPS by 2c, Offers Q2 & FY Guidance
April 26, 2016 4:17 PM EDT(Updated - April 26, 2016 4:19 PM EDT)
eBay (NASDAQ: EBAY) reported Q1 EPS of $0.47, $0.02 better than the analyst estimate of $0.45. Revenue for the quarter came in at $2.14 billion versus the consensus estimate of $2.08 billion.
Operating margin GAAP operating margin increased to 28.7% for the first quarter of 2016, compared to 25.7% for the same period last year. Non-GAAP operating margin decreased to 33.4% in the first... More