Market Overview

Recap: eBay Q2 Earnings

Share:

Shares of eBay (NASDAQ:EBAY) fell 4.7% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share rose 58.82% over the past year to $1.08, which beat the estimate of $1.06.

Revenue of $2,865,000,000 higher by 6.62% from the same period last year, which beat the estimate of $2,800,000,000.

Guidance

eBay hasn't issued any earnings guidance for the time being.

eBay hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Jul 28, 2020

Time: 05:00 PM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.ebayinc.com%2Fevents%2Fdefault.aspx&eventid=2395825&sessionid=1&key=A3A8A354D14F8AC34E55257C1C8825DB&regTag=&sourcepage=register

Recent Stock Performance

52-week high: $61.06

52-week low: $26.02

Price action over last quarter: Up 42.98%

Company Overview

With almost $86 billion in marketplace gross merchandise volume generated in 2019, eBay's Marketplace facilitated more than 2% of the $3.5 trillion global online commerce market (using eMarketer estimates). EBay's strategic priorities include revitalizing its Marketplace platform by emphasizing its unique product assortment and value proposition, improving the seller and buyer experience, utilizing structured data/artificial intelligence for listing searches, promoted listing advertising, and improving its mobile commerce capabilities. EBay partnered with Netherlands-based Adyen for payment intermediation beginning in 2018.

 

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Posted-In: Earnings