- eBay’s first-quarter net revenue forecast ranges between $2.52 billion to $2.56 billion, which falls short of the $2.6 billion estimate.
- For the fourth quarter, eBay’s adjusted earnings per share (EPS) from continuing operations reached $1.25, surpassing both the previous year’s $1.07 and the estimate of $1.20.
- Net revenue for the fourth quarter was $2.58 billion, marking a 0.7% increase year-over-year and matching the $2.58 billion estimate.
- Active buyers rose to 134 million, a 1.5% increase from the previous year, beating the estimate of 133.21 million.
- Gross merchandise volume (GMV) increased by 3.9% year-over-year, reaching $19.32 billion, exceeding the estimate of $19.07 billion.
- The US GMV grew by 1.7% to $9.04 billion, slightly below the estimate of $9.05 billion.
- International GMV saw a 5.9% rise, hitting $10.28 billion, surpassing the $10.03 billion estimate.
- Free cash flow was recorded at $560 million, which was below the estimated $608.9 million.
- Steve Priest, eBay’s Chief Financial Officer, stated that the company delivered strong results in the fourth quarter, meeting or surpassing expectations across key financial metrics.
- Analyst recommendations include 11 buys, 20 holds, and 4 sells for eBay.
Ebay Inc on Smartkarma
Analysts on Smartkarma, such as Baptista Research, have been closely following eBay Inc.’s latest moves. In their report titled “eBay Inc.: What Are Their Enhanced Monetization Strategies? – Major Drivers,” Baptista Research highlights eBay’s strong performance in the third quarter of 2024. The company’s success is attributed to a balance between targeted growth strategies and operational efficiency. eBay sustained its momentum by expanding its category offerings and undertaking strategic geographic initiatives. The gross merchandise volume saw a modest growth of over 1% to $18.3 billion, accompanied by a revenue increase of more than 3% to $2.58 billion.
A look at Ebay Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma Smart Scores, eBay Inc. demonstrates a promising long-term outlook. With a strong Growth score of 5, the company is positioned for significant expansion and development in the future. Momentum, Resilience, and Dividend scores of 4, 3, and 3 respectively suggest a stable and steady performance. While the Value score sits at 2, indicating a moderate valuation. Overall, eBay Inc. shows potential for growth and stability in the online trading community.
As an online trading community operator, eBay Inc. facilitates the exchange of various products and services, including collectibles, computers, and tickets. The company also provides secure online payment services through its subsidiary. With high ratings in Growth and Momentum, as well as decent scores in Resilience and Dividend, eBay Inc. appears well-positioned to capitalize on its market presence and continue to expand its offerings in the digital marketplace.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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