On Wednesday, February 03, eBay EBAY will release its latest earnings report. Here is Benzinga's outlook for the company.
Net Income, Earnings, And Earnings Per Share
Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.
Earnings And Revenue
Analysts covering eBay modeled for quarterly EPS of $0.83 on revenue of $2.70 billion. In the same quarter last year, eBay reported EPS of $0.81 on revenue of $2.82 billion.
Why Analyst Estimates And Earnings Surprises Are Important
Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.
If the company were to match the consensus estimate when it reports Wednesday, earnings would be up 2.47%. Sales would be down 4.29% from the year-ago period. Here is how the company's EPS has stacked up against analyst estimates in the past:
Quarter | Q3 2020 | Q2 2020 | Q1 2020 | Q4 2020 |
---|---|---|---|---|
EPS Estimate | 0.86 | 1.06 | 0.72 | 0.76 |
EPS Actual | 0.85 | 1.08 | 0.77 | 0.81 |
Revenue Estimate | 2.69 B | 2.80 B | 2.38 B | 2.81 B |
Revenue Actual | 2.61 B | 2.87 B | 2.37 B | 2.82 B |
Stock Performance
Shares of eBay were trading at $58.47 as of February 01. Over the last 52-week period, shares are up 56.36%. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. eBay is scheduled to hold the call at 17:00:00 ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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