eBay Sees Q4 EPS $1.17-$1.22 Vs $1.22 Est.; Revenue $2.53B-$2.59B Vs $2.65B Est.; FY24 EPS $4.80-$4.85 Vs $4.83 Est.; Revenue $10.23B-$10.29B Vs $10.32B Est.
Portfolio Pulse from Benzinga Newsdesk
eBay has provided its Q4 and FY24 guidance, with EPS and revenue slightly below estimates. The company declared a $0.27 per share dividend, payable on December 13, 2024.
October 30, 2024 | 8:20 pm
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NEGATIVE IMPACT
eBay's Q4 and FY24 guidance indicates EPS and revenue slightly below analyst estimates. The company declared a $0.27 per share dividend.
eBay's guidance for Q4 and FY24 shows EPS and revenue below analyst expectations, which could lead to a negative short-term impact on the stock price. However, the dividend declaration may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100