EBay Gives Outlook Suggesting Sales Comeback Will Take Longer

Feb 23, 2023 · (Bloomberg) -- EBay Inc. projected revenue in the current quarter that didn’t convince investors the company’s efforts to revive sales are beginning to work. The shares declined.Most Read from ...

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EBay Warns Pandemic Sales Boost Could Soon Fade; Shares Tumble

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Apr 29, 2021 · (Bloomberg) -- EBay Inc. warned investors that its sales boost tied to the pandemic and government stimulus checks may be coming to an end.Shares tumbled as much as 7% in …

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EBay's Sales Outlook Comes In Weaker, And Stock Falls More Than 7%

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Oct 31, 2024 · EBay Inc. shares dropped more than 7% in the extended session Wednesday after the online marketplace's quarterly results were slightly ahead of Wall Street expectations, but …

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EBay Stock Slides As Company Forecasts 'Muted' Holiday Sales Boost

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Nov 8, 2023 · On average, analysts polled by FactSet expected eBay to earn an adjusted $1 per share on $2.5 billion in sales. During the year-earlier period, eBay earned $1 per share and …

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FAQs about EBay Gives Outlook Suggesting Sales Comeback Will Take Longer Coupon?

Does eBay have a bleak revenue outlook?

(Bloomberg) — EBay Inc. issued a bleak revenue outlook for the busy holiday quarter, suggesting the company continues to struggle as it loses shoppers to larger rivals such as Amazon.com Inc. and Walmart Inc ...

Is eBay's sales revival successful?

EBay Inc.'s projected revenue of $2.46 billion to $2.5 billion for the current quarter did not convince investors that the company's sales revival efforts are showing progress. The shares declined. In the previous quarter, sales had decreased by 3.9% to $2.51 billion. ...

Why does eBay sell so much?

The three core areas that have caused this are eBay's reputation for high fees compared to competitors, slower levels of innovation, and a decline in the auction format, where users are generally preferring the convenience of fixed-price listings available on other platforms. Analyst's Chart, Company Data Sourced From Business of Apps ...

Why did eBay lose 132 million users in 2023?

eBay's active users dropped from 175M in 2018 to 132M in 2023 due to high fees, slow innovation, and competition; remains strong in second-hand market despite competitors like Etsy. ...

How does eBay keep revenue high?

However, surprisingly, eBay has managed to keep revenues high through an increased take rate, a focus on high-value categories such as collectibles, luxury goods, and refurbished items, advertising revenue and managed payments. ...

How much money did eBay make?

Analysts, on average, estimated profit of $1.05 per share on sales of $2.6 billion. EBay fell about 7% as the markets opened Wednesday in New York, the biggest drop since late July. Once an industry pioneer, the San Jose, California-based company keeps losing US market share even as overall online spending continues to grow. ...