eBay Sees Q3 2024 Adj. EPS $1.15-$1.20 Vs $1.13 Estimate
Portfolio Pulse from Benzinga Newsdesk
eBay has announced its Q3 2024 adjusted EPS guidance to be between $1.15 and $1.20, surpassing the analyst estimate of $1.13.
July 31, 2024 | 8:10 pm
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POSITIVE IMPACT
eBay has provided a Q3 2024 adjusted EPS guidance range of $1.15-$1.20, which is higher than the analyst estimate of $1.13. This positive guidance is likely to boost investor confidence and could lead to a short-term increase in the stock price.
The higher-than-expected EPS guidance indicates strong financial performance, which is likely to positively influence investor sentiment and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100