eBay Gears Up For Q3 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Lisa Levin
eBay Inc. is set to release its Q3 financial results on Nov. 7, 2023. Analysts predict earnings of $1.00 per share and revenue of $2.51 billion. The company recently launched a new consignment service. eBay shares fell 0.4% to close at $40.36 on Monday. Several analysts have provided ratings and price targets for the stock, with a range of $46 to $60.
November 07, 2023 | 3:22 pm
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NEUTRAL IMPACT
eBay is expected to post Q3 earnings of $1.00 per share and revenue of $2.51 billion. The stock closed at $40.36 on Monday, down 0.4%. Analysts have provided a range of price targets from $46 to $60.
The upcoming earnings release is a significant event for eBay. The company's performance, as well as analysts' ratings and price targets, can influence the stock's short-term price. However, the impact is neutral as the expected earnings are the same as the year-ago period, and the stock price has already adjusted to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100