UPDATE: eBay (EBAY) Tops Q3 EPS by 3c
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RBC Capital Raises Price Target Following eBay's (EBAY) 3c EPS Beat
October 22, 2015 10:58 AM EDTRBC Capital reiterated a Sector Perform rating on eBay (NASDAQ: EBAY), and raised the price target to $30.00 (from $29.00), following the company's 3Q15 earnings report. EBAY reported Q3 Revenue of $2.10B, which was essentially right-in-line with The Street estimates. $0.43 in Non-GAAP EPS beat The Street at... More
Mizuho Securities Remains Neutral Following a 3c EPS Beat by eBay (EBAY)
October 22, 2015 9:43 AM EDTMizuho Securities reiterated a Neutral rating on eBay (NASDAQ: EBAY), and cut the price target to $29.00 (from $30.00), following the company's 3Q15 earnings results. eBay reported 3Q15 revenue of $2.1b, which was slightly better than the Street estimates of $2.09b. Non-GAAP EPS came in at... More
eBay's (EBAY) First Standalone Seen as 'Solid'; Cowen Reaffirms at 'Market Perform'
October 22, 2015 6:43 AM EDTCowen and Company affirms eBay (Nasdaq: EBAY) with a Market Perform rating and $27 price target following Q3 results reported on Wednesday night.
Analyst John Blackledge commented, EBAY reported solid results its first quarter post the PYPL spin, as revenue was essentially in line, while EPS beat due to prior restructuring efforts. Standalone... More
EBay's profit beat shows there's life after PayPal
October 21, 2015 4:22 PM EDTBy Anya George Tharakan and Lehar Maan
(Reuters) - EBay Inc reported a stronger-than-expected quarterly profit and raised its full-year adjusted profit forecast, helping to allay concerns about the company's prospects following the spinoff of PayPal, its main engine of growth.
EBay, whose shares were up 8.5 percent after-hours on Wednesday, faces intensifying competition from rivals such as Amazon.com Inc as well as from retailers such as Wal-Mart Stores Inc that are boosting their online presence.
PayPal Holdings Inc, a leader in the fast-growing payment processing market, became a separate company on July 18.
"The... More
