EBay Forecasts Revenue Below Estimates on Weak Demand, …

Oct 30, 2024 · EBay expects revenue in the range of $2.53 billion to $2.59 billion for the fourth quarter ending Dec. 31. Analysts on average were expecting $2.65 billion, according to data …

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EBay Forecasts Revenue Below Estimates On Weak Demand, …

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Oct 30, 2024 · EBay expects revenue in the range of $2.53 billion to $2.59 billion for the fourth quarter ending Dec. 31. Analysts on average were expecting $2.65 billion, according to data …

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EBay Forecasts Revenue Below Estimates | Newsmax.com

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Oct 30, 2024 · EBay expects revenue in the range of $2.53 billion to $2.59 billion for the fourth quarter ending Dec. 31. Analysts on average were expecting $2.65 billion, according to data …

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EBay Forecasts Fourth-quarter Results Below Estimates On Weak …

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Nov 7, 2023 · San Jose, California-based eBay's shares were down about 6.8% in trading after the bell. Rising competition from the likes of Amazon, that sells a lot of consumer staples, has …

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EBay Shares Fall 9% After Weak Q4 Guidance Amid Election ... - MSN

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Oct 31, 2024 · Despite reporting third-quarter earnings and revenue slightly above estimates, eBay forecasted fourth-quarter revenue below analysts' expectations. ... eBay Shares Fall 9% …

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EBay Stock Slides As Weak Q4 Forecast Overshadows Earnings Beat

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Oct 30, 2024 · Analysts were projecting $2.65 billion in sales for eBay's December-ending quarter, according to FactSet. On the stock market today , eBay stock fell more than 7% to 57.70 in …

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Target Shares Slide 21% As Retailer Expects Stagnant Holiday …

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1 day ago · Target also trimmed its annual forecast for per-share earnings to between $8.30 and $8.90 from its prior range of $9 to $9.70 after weaker-than-expected third-quarter results.

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News Updates From October 30: Rachel Reeves Announces £40bn …

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Oct 30, 2024 · The company’s quarterly revenue forecast for the fourth quarter, of $2.53bn to $2.59bn, also missed Wall Street forecasts. ... bank UBS were unable to lift indices following …

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FAQs about EBay Forecasts Revenue Below Estimates on Weak Demand, … Coupon?

Why is eBay's fourth-quarter revenue below Wall Street estimates?

Oct 30 (Reuters) - Ecommerce firm eBay (EBAY.O) forecast fourth-quarter revenue below Wall Street estimates on Wednesday as cautious consumers shun collector's items and refurbished goods, sending its shares down more than 7% in extended trading. The broader economy is still fluctuating and customers are cautious about discretionary spending. ...

What is eBay's current-quarter revenue forecast?

EBay forecast current-quarter revenue in the range of $2.47 billion to $2.53 billion, compared with estimates of $2.60 billion, according to LSEG data. The company also expects current-quarter adjusted profit per share in the range of $1 to $1.05, compared with estimates of $1.04. ...

Did eBay beat Wall Street estimates?

Ebay forecast fourth-quarter revenue and profit below Wall Street estimates on Tuesday and joined other e-commerce platforms in sounding the alarm on weaker-than-expected consumer spending. San Jose, California-based eBay's shares were down about 6.8% in trading after the bell. ...

Why did eBay stock drop 9% in Q4?

REUTERS/Fabrizio Bensch/File Photo (Reuters) - Ecommerce firm eBay forecast fourth-quarter revenue below Wall Street estimates on Wednesday, signaling weak demand for products in its key categories like collector's items and refurbished goods, sending its shares down 9% in extended trading. ...

How much revenue does eBay expect?

EBay expects revenue in the range of $2.53 billion to $2.59 billion for the fourth quarter ending Dec. 31. Analysts on average were expecting $2.65 billion, according to data compiled by LSEG. The company forecast fiscal year 2024 revenue to be between $10.23 billion and $10.29 billion, below estimates of $10.32 billion. ...

How did eBay perform in 3rd quarter?

Third-quarter revenue rose 5% to $2.50 billion, in line with Wall Street expectations, as the company saw an uptick in demand for refurbished goods. On an adjusted basis, eBay earned $1.03 per share, compared with estimates of $1. ...