earnings
confidence high
sentiment positive
materiality 0.80
eBay Q2 revenue $2.57B (+1% YoY), non-GAAP EPS $1.18 beats; issues Q3 guidance
EBAY INC
2024-Q2 EPS reported
$1.29
revenue$5,128,000,000
- Revenue $2.572B, up 1% as-reported and 2% FX-neutral; GMV $18.4B up 1% YoY.
- GAAP net income $226M ($0.45 diluted EPS); non-GAAP net income $602M ($1.18 diluted EPS).
- Returned $1.1B to shareholders: $1.0B in buybacks, $135M dividends; remaining buyback auth $1.9B.
- Q3 2024 guidance: revenue $2.50-$2.56B, GAAP EPS $0.82-$0.87, non-GAAP EPS $1.15-$1.20.
- Completed Adevinta sale for $2.4B cash + shares; closed Collectors deals, Venmo integration launched.