eBay Stock News

Walstreamz, an established provider of advanced online business solutions, has announced the launch of three new e-commerce automation services; Ecom Priva

EBay (EBAY) shares tumbled Thursday, a day after the online marketplace gave weaker-than-expected guidance for the key holiday shopping period.

eBay Inc. (NASDAQ:EBAY ) Q3 2024 Earnings Conference Call October 30, 2024 5:30 PM ET Company Participants John Egbert - Vice President, Investor Relations Jamie Iannone - Chief Executive Officer Steve Priest - Chief Financial Officer Conference Call Participants Ygal Arounian - Citigroup Justin Post - Bank of America Lee Horowitz - Deutsche Bank Colin Sebastian - Baird Nathan Feather - Morgan ...

EBay stock tumbled late Wednesday on a weaker-than-expected Q4 holiday sales forecast. Earnings for Q3 topped views.

EBay's slightly better-than-expected quarterly earnings were no match for a weaker sales outlook.

Shares of EBay slid in extended trading after the company issued lackluster guidance for the fourth quarter. The disappointing forecast overshadowed eBay's better-than-expected results for the third quarter.

Revenue of $2.6 billion, up 3% on an as-reported and FX-Neutral basis Gross Merchandise Vo lume of $18.3 billion, up 2% on an as-reported basis and up 1% on an FX-Neutral basis GAAP and Non-GAAP earnings p er diluted share of $1.29 and $1.19, respectively GAAP and Non-GAAP operating margins of 23.1% and 27.2%, respectively Returned $881 million to stockholders in Q3, including $750 million of s...

The auto/tires/trucks sector has been in a slump, as evidenced by weaker results and forecasts from manufacturers like Ford Motor Co. NYSE: F and Stellantis NYSE: STLA. High financing costs and an uncertain macroeconomic climate have caused consumers to tighten their spending, especially on big-ticket items like cars.