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eBay Inc. stock price, EBAY
eBay Inc. stock chart:
eBay Inc. close price: 34.07
Stock price forecast:
DOWN TO -0.03%
Total forecasts: 90
Reached: 0 (0.00%)
Total Win: 0.00 (0.00%)
Showing 1-10 of 568 items.
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eBay Inc. latest news:
eBay lower as Q2 earnings, sales in line with forecast
Shares of eBay Inc. fell more than 4% late Thursday after the online auction company reported second-quarter earnings and sales in line with Wall Street expectations. EBay reported a net income from continuing operations of $27 million, or 2 cents a share, compared with $437 million, or 38 cents a share, in the year-ago period. Adjusted for one-time items, eBay earned $493 million, or 45 cents a share, compared with 43 cents a share a year ago. Revenue reached $2.3 billion, compared with $2.2 billion in the second quarter of 2016. The company said it expects third-quarter net revenue between $2.35 billion and $2.39 billion and adjusted per-share earnings from continuing operations in the range of 46 cents to 48 cents. The analysts surveyed by FactSet expect third-quarter per-share earnings of 48 cents a share on sales of $2.32 billion. EBay also said it expects net revenue between $9.3 billion and $9.5 billion for the year, with non-GAAP per-share earnings from continuing operations in the range of $1.98 to $2.03. The same analysts forecast per-share earnings of $2 on sales of $9.4 billion for 2017. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Ebay launches price matching program
Ebay Inc. said Wednesday that it has launched a price match guarantee on more than 50,000 items in the U.S. Merchandise found on Ebay Deals, which launched in 2011, is eligible. Shoppers don't have to be Ebay members to take advantage of the program. Ebay will match pricing from competitors including Amazon.com Inc. , Wal-Mart Stores Inc. , and Best Buy Co. Inc. . Eighty percent of merchandise sold on Ebay is new, the company said. Ebay shares are up 0.4% in Wednesday premarket trading, and up 41.4% for the past year. The S&P 500 index is up 16.7% for the last 12 months.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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