eBay (EBAY) PT Lowered to $47 at Evercore ISI
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eBay Inc. Reports First Quarter 2024 Results
May 1, 2024 4:05 PM EDTRevenue of $2.6 billion, up 2% on an as-reported basis and up 2% on an FX-Neutral basis Gross Merchandise Volume of $18.6 billion, up 1% on an as-reported basis and roughly flat on an FX-Neutral basisGAAP and Non-GAAP earnings per diluted share of $0.85 and $1.25, respectivelyGAAP and Non-GAAP operating margin of 24.7% and 30.3%, respectivelyReturned $638 million to shareholders in Q1, including $499 million of share repurchases and $139 million paid in cash dividends
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