It's important to pay attention to announcements about new stock buyback programs. However, just because a company announces a share repurchase program doesn't mean they will actually go through with buying back shares.
The second-hand e-commerce market is growing rapidly, thanks to social media, technology improvements, and a focus on sustainability, with eBay being a major player. eBay benefits from a large network of 133 million active users, but its growth has been slow at just 1.7% over the past three years. While eBay has strong profit margins of around 70% and a solid financial position, there are worries due to weak forecasts and low GAAP EBIT margins.
Don Kaufman from @Theotrade is optimistic about the iShares Silver Trust ETF (SLV) but has a negative outlook on eBay Inc. (EBAY) and Eli Lilly (LLY). He also provides sample options trades for each of these companies.
eBay Inc. (NASDAQ:EBAY) will participate in the Morgan Stanley Technology, Media & Telecom Conference Call on March 3, 2025, at 2:30 PM ET. The company will be represented by Jamie Iannone, the President and CEO, and Steve Priest, the CFO. Nathaniel Feather from Morgan Stanley will also be part of the call.
eBay's shares fell by about 5% after they announced their Q4 results, which showed a small revenue shortfall. However, the company's gross merchandise volume (GMV) is growing, thanks to its expansion into international markets and strong sales of trading cards. The slight challenges in revenue are due to eBay's choice to eliminate seller fees in the UK, which has led to significant growth in GMV.
eBay's stock dropped significantly on Thursday after the company released its financial results for the fourth quarter of 2024. By noon ET, the stock was down 7%, although it had fallen as much as 11% earlier in the day.
eBay Inc. (EBAY) shares fell on Thursday after the company announced its fourth-quarter results and provided weak revenue forecasts for the first quarter on Wednesday.
eBay's earnings for the fourth quarter exceeded expectations, thanks to strong consumer interest during the shorter holiday shopping period.
While eBay's revenue and earnings per share (EPS) provide insight into its performance for the quarter ending December 2024, it is also important to look at how these figures stack up against Wall Street predictions and last year's results.
EBay (EBAY) reported quarterly earnings of $1.25 per share, which is higher than the Zacks Consensus Estimate of $1.20 per share. This is an increase compared to earnings of $1.07 per share from the same period last year.