eBay Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Avi Kapoor
eBay Inc. is set to release its fiscal fourth quarter earnings after the market closes on Feb. 27, 2024, with analysts expecting a slight decrease in earnings per share from $1.07 to $1.03, and revenue projected to remain stable at $2.51 billion. The company recently appointed Zane Rowe to its Board of Directors. Ahead of the earnings call, analysts have revised their forecasts and price targets for eBay, with adjustments reflecting a cautious but generally stable outlook on the company's financial performance.
February 27, 2024 | 2:10 pm
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NEUTRAL IMPACT
eBay Inc. is anticipated to report a slight decrease in EPS for Q4, with stable revenue. Recent board appointment and analyst ratings adjustments indicate a cautiously optimistic outlook.
The slight decrease in expected EPS suggests a cautious outlook, but the stability in revenue projections and recent board appointment may mitigate negative impacts. Analyst ratings and price target adjustments further indicate a balanced view on eBay's short-term financial health, suggesting a neutral impact on the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100