eBay (EBAY) Issues Q1, FY17 Outlook

eBay (NASDAQ: EBAY) provided the following guidance:

First quarter 2017 — The company expects net revenue between $2.17 billion and $2.21 billion, representing FX-Neutral growth of 4% - 6%, with non-GAAP earnings per diluted share from continuing operations in the range of $0.46 - $0.48 and GAAP earnings per diluted share from continuing operations in the range of $0.25 - $0.40. (*** the consensus is $2.21 billion and $0.50)

Full year 2017 — The company expects net revenue between $9.3 billion and $9.5 billion, representing FX-Neutral growth of 6% - 8%, with non-GAAP earnings per diluted share from continuing operations in the range of $1.98 - $2.03 and GAAP earnings per diluted share from continuing operations in the range of $1.20 - $1.40. (*** the consensus is $9.36 billion and $2.07).

You May Also Be Interested In

• Citizens launches transportation coverage, names FedEx a top large-cap pick
• Virtu Financial (VIRT) Tops Q2 EPS by 22c
• Raymond James Resumes Public Storage (PSA) at Market Perform