eBay Inc. Reports Third Quarter 2016 Results
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Go back to eBay Inc. Reports Third Quarter 2016 Results
October 20, 2016 7:46 AM EDT
Wedbush maintained a Neutral rating on eBay (NASDAQ: EBAY), and cut the price target to $33.00 (from $34.00), following the company's 3Q earnings report. Revenue of $2.22b grew 8% YoY FXN and topped consensus of $2.19 billion and the guidance range of $2.16-2.19b. Non-GAAP EPS of $0.45... More
October 20, 2016 7:07 AM EDT
Needham & Company reiterated a Hold rating on eBay (NASDAQ: EBAY) following the company's 3Q earnings report. eBay reported GMV of $20.1B, up 3% y/y or 5% ex-FX, and revenue of $2.2B, up 6% y/y or 8% ex-FX, slightly ahead of consensus estimates. eBay posted non-GAAP EPS of $0.45 for 3Q16,... More
October 20, 2016 6:59 AM EDT
Susquehanna analyst Shyam Patil reiterated a Positive rating and boosted his price target on eBay (NASDAQ: EBAY) to $38.00 (from $34.00) following results, the analyst said progress remains on track and is telling clients to buy the dip.
Patil highlighted:
Our thoughts going forward and upcoming catalysts. The turnaround remains on track and we would be buyers on the dip. As we have mentioned before, our Positive...
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October 20, 2016 6:40 AM EDT
RBC Capital analyst Mark Mahaney bumped his price target on eBay (NASDAQ: EBAY) to $32.00 (from $31.00) following mixed Q3 results but maintained an Sector Perform rating.
Keys for the quarter:
1) Overall GMV Trends Neutral 3% U.S. GMV growth was a surprising... More
