Earnings Preview For eBay
Portfolio Pulse from Benzinga Insights
eBay (NASDAQ:EBAY) is scheduled to release its quarterly earnings report on February 27, 2024. Analysts predict an EPS of $1.03. Investors are hopeful for a beat on this estimate and positive future guidance. Historical data shows mixed reactions to past earnings reports, with share price movements varying post-announcement. eBay's stock has declined by 4.1% over the last year, indicating a bearish sentiment among long-term shareholders.
February 26, 2024 | 2:00 pm
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eBay is anticipated to report an EPS of $1.03 for the upcoming quarter. Historical performance shows variable stock price reactions post-earnings, with a general 4.1% decline over the past year.
The expected EPS of $1.03 sets a benchmark for eBay's performance. Historical data indicates that the company's stock price can react variably to earnings reports, with both positive and negative movements. The overall 4.1% decline in the past year suggests a bearish long-term sentiment, but the immediate impact of the earnings report will largely depend on whether eBay meets or exceeds the EPS estimate and provides positive future guidance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100