eBay Inc. Reports Second Quarter 2016 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Mizuho Securities Remains Sidelined on eBay (EBAY) Following Solid 2Q Report
July 21, 2016 7:34 AM EDTMizuho Securities reiterated a Neutral rating on eBay (NASDAQ: EBAY), and raised the price target to $31.00 (from $26.00), following the company's 2Q earnings report. The company reported net revenue of $2.2b which was 3% above consensus. Non-GAAP EPS of $0.43 beat the Street estimate of $0.42.
Analyst Neil Doshi... More
eBay (EBAY) PT Raised to $34 at Susquehanna as Turnaround Gains Momentum
July 21, 2016 6:38 AM EDTSusquehanna analyst Shyam Patil reiterated a Positive rating and raised its price target on eBay (NASDAQ: EBAY) to $34.00 (from $32.00), following strong 2Q beat with accelerating growth and increased 2016 guidance show the turnaround is gaining steam.
Patil highlighted:
Our thoughts going forward and upcoming catalysts. We were pleasantly surprised by the 2Q strength (in light of ChannelAdvisors cautious data) and 2016 guidance increase given the anticipated Brexit impact. While our Positive... MoreeBay (EBAY) PT Raised to $35 at Baird; 'Green Shoots' Emerging
July 21, 2016 6:26 AM EDTBaird analyst Colin Sebastain reiterated an Outperform rating and raised its price target on eBay (NASDAQ: EBAY) to $35.00 (from $30.00) as q2 results show 'green shoots' emerging.
Sebastain commented, ""Green shoots" evident in Q2 performance, but pace of improvement likely gradual. eBay Q2 results... More
eBay (EBAY) Tops Q2 EPS by 1c; Boosts Outlook, $2.5B Added to Buyback
July 20, 2016 4:18 PM EDTeBay (NASDAQ: EBAY) reported Q2 EPS of $0.43, $0.01 better than the analyst estimate of $0.42. Revenue for the quarter rose 7% on an FX-Neutral basis and 6% on an as-reported basis to $2.23 billion versus the consensus estimate of $2.17 billion.
GMV for the quarter was 20.9 billion, increasing 6% on a foreign exchange (FX) neutral basis and 4% on an as-reported basis. During the quarter, the company generated $764 million... More
