UPDATE: eBay (EBAY) Tops Q1 EPS by 2c, Offers Q2 & FY Guidance
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Go back to UPDATE: eBay (EBAY) Tops Q1 EPS by 2c, Offers Q2 & FY Guidance
April 27, 2016 10:07 AM EDT
Jefferies analyst, Brian Pitz , sees eBay's (NASDAQ: EBAY) financial metrics as ahead of expectations but with operating metrics that were a bit soft. Guidance also came in mixed with soft margins overshadowing good top line growth. Despite progress in key strategic initiatives (e.g. transition to structured data), more time is needed before any expected benefits start showing up in results (more likely toward end of 2016). No change to Hold rating but PT increases to $27 (from $25).
Net rev of $2.14B was up... More
April 27, 2016 8:16 AM EDT
Wedbush analyst, Gil Luria, is encouraged by eBay's (NASDAQ: EBAY) reacceleration of marketplace revenue (3% YoY), reversing a deceleration trend that has persisted for the last 3 quarters. The PT increases to $26 from $24 on a consistent 14x earnings multiple. The firm maintained a Neutral rating.
Q1 revenue of $2.14 billion... More
