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eBay Likely To Report Higher Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga· 2024-08-01 01:06
eBay Inc. EBAY will release its second quarter financial results, after the closing bell on Wednesday, July 31.Analysts expect the San Jose, California-based company to report quarterly earnings at $1.13 per share, up from $1.03 per share in the year-ago period. Starbucks expects to post revenue of $2.53 billion, compared to $2.51 billion a year ago, according to data from Benzinga Pro.On May 1, eBay posted better-than-expected first-quarter results.eBay shares gained 1.5% to close at $55.40 on Tuesday.Benz ...
EBay Stock Is Up 26% YTD, What To Expect From Q2 Earnings?
Forbes· 2024-07-30 18:00
A general view of the eBay logo is being seen during the Chinajoy games fair in Shanghai, China, on ... [+] July 26, 2024. (Photo by Ying Tang/NurPhoto via Getty Images)NurPhoto via Getty ImageseBay (NASDAQ: EBAY) stock gained 26% YTD as compared to a 13% rise in the S&P500 index. Notably, eBay’s peer Amazon (NASDAQ: AMZN) is up 20% YTD. Overall, eBay is scheduled to report its fiscal Q2 2024 results on Wednesday, July 31. We expect the stock to top the consensus estimates of revenues and earnings. The comp ...
eBay (EBAY) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
ZACKS· 2024-07-29 22:21
Wall Street analysts expect eBay (EBAY) to post quarterly earnings of $1.13 per share in its upcoming report, which indicates a year-over-year increase of 9.7%. Revenues are expected to be $2.53 billion, down 0.5% from the year-ago quarter.Over the last 30 days, there has been an upward revision of 0.6% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Befo ...
EBAY Boosts its Financial Services With Business Cash Advance
ZACKS· 2024-07-11 22:46
eBay (EBAY) partnered with Liberis to roll out Business Cash Advance, a new financing product which is available on the latter’s embedded finance platform.The product offers flexible funding of up to $1 million in working capital, specifically tailored for small to medium-sized businesses.It also provides a seamless online application process, extensive financing options, fast access to capital, flexible payment schedules, and transparent reporting on the eBay Seller Hub, allowing sellers to track payment p ...
eBay Debuts Working Capital Solution for Sellers
PYMNTS.com· 2024-07-11 03:30
eBay teamed with embedded finance platform Liberis to offer sellers working capital.Business Cash Advance is designed to provide eligible eBay sellers in the United States up to $1 million in working capital in as little as 24 hours, according to a Wednesday (July 10) press release.“eBay Seller Capital is aimed at fueling our sellers’ growth by providing them with tailored financing solutions that meet the unique needs of their businesses,” Avritti Khandurie Mittal, eBay vice president and general manager o ...
EBAY Boosts Seller Experience With Advertising Solutions
ZACKS· 2024-07-11 01:26
eBay (EBAY) shares have gained 22% on a year-to-date basis, outperforming the Retail-Wholesale sector’s 12.5% growth. The company is benefiting from solid momentum across its robust advertising offerings. Hence, it is making concerted efforts to further expand its advertising products, thereby enhancing the seller experience.The company recently rolled out the updated “eBay Advertising” tool that simplifies advertising, increases listing visibility and supports stronger sales velocity, aiming to help seller ...
eBay Seller Capital and Liberis Partner to Accelerate Small Business Growth
Prnewswire· 2024-07-10 20:00
New Revenue-Based Financing Product Unlocks Access to Capital for eBay SellersSAN JOSE, Calif., July 10, 2024 /PRNewswire/ -- eBay Inc. (NASDAQ: EBAY), a global commerce leader that connects millions of sellers and buyers, today announced the launch of Business Cash Advance, a new eBay Seller Capital revenue-based financing product provided by Liberis, a leading global embedded finance platform. Aimed at supporting eBay sellers at every business stage, Business Cash Advance offers eligible U.S. eBay sellers ...
Elton John Partners with eBay to Release a Personal Collection of Pre-loved Fashion in Support of Elton John AIDS Foundation
Prnewswire· 2024-06-27 21:00
"Giving new life to the cherished items from my wardrobe has always been special to me. For decades I've donated my closet's treasures to support the Elton John AIDS Foundation," said Elton John. "This Pride Month, I'm excited to share my Atlanta treasure trove on eBay, hoping these items will inspire you to express your unique spirit and bring you as much joy as they've brought me. Whether you're after high-end luxury or something more laid-back, there's a perfect find for everyone. Even better, every doll ...
3 Stocks Set to Surge as Thrifty Consumers Take Advantage of Cooling Prices
Investor Place· 2024-06-25 00:23
There has been cooling inflation in recent months. However, the United States has still been fighting to control inflation rates. The Federal Reserve’s switch to a more hawkish monetary policy has pushed consumers’ costs of living higher.The U.S. Consumer Price Index (core CPI) sent shockwaves through Wall Street in April after coming in at a hotter-than-expected 3.6%, putting earlier hopes of Q1 2024 interest rate cuts on ice.Despite CPI hitting expectations in June 2024, the Fed held interest rates at 5.2 ...
EBay to Add Venmo as Payment Option in US
PYMNTS.com· 2024-06-13 22:21
Online marketplace eBay will add Venmo as a payment option in the coming week, saying it aims to expand payment method choice and cater to the preferences of Gen Z and millennial shoppers.This option will be available to U.S. buyers on eBay.com and the eBay app, the company said in a Thursday (June 13) press release.“By integrating Venmo, a platform already embraced by more than 90 million highly engaged users, eBay taps into the modern and mobile-first consumer,” the company said in the release.With Venmo, ...