earnings
confidence high
sentiment positive
materiality 0.70
eBay Q3 beats expectations; revenue $2.4B (-5%), non-GAAP EPS $1.00, raises dividend to $0.22
EBAY INC
2022-Q3 EPS reported
-$3.44
revenue$7,285,000,000
- Revenue $2.4B, down 5% as-reported; GMV $17.7B, down 11%. Non-GAAP EPS $1.00 vs $0.90.
- GAAP net loss from cont. ops $70M ($0.13 loss per share) due to equity investment fair value changes.
- Returned $421M to shareholders ($301M buybacks, $120M dividends); quarterly dividend raised to $0.22/share.
- Acquired TCGplayer (up to ~$295M cash) and myFitment; sold remaining Adyen stake for ~$120M.
- Q4 guidance: revenue $2.42-2.50B; non-GAAP EPS $1.03-1.09. FY22 non-GAAP EPS $4.07-4.13.