eBay (EBAY) Issues Q1, FY17 Outlook
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Revenue Growth %: +11.9%
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Product development: 288M
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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).
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