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0.00206985769728345 0 -0.00595084087968944 -0.00569210866752908 -0.00879689521345398 -0.0194049159120311 -0.0243208279430789 -0.0232858990944372
Stock impact report

EBay sees current-quarter revenue above view as more people shop online [Reuters]

eBay Inc. (EBAY) 
Last ebay inc. earnings: 4/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.ebayinc.com
Company Research Source: Reuters
EBay sees current-quarter revenue above view as more people shop online (Reuters) - EBay Inc ( EBAY.O ) forecast current-quarter revenue above Wall Street estimates on Wednesday, as the e-commerce company benefited from a surge in online orders with people staying indoors because of the COVID-19 pandemic. The rapid spread of the coronavirus forced millions of Americans to shelter indoors, leading to a huge increase of online shopping and orders for e-commerce companies including eBay, Amazon.com Inc ( AMZN.O ) and Walmart Inc’s ( WMT.N ) online business. The company said it expects second-quarter revenue in the range of $2.38 billion to $2.48 billion, while analysts were expecting $2.32 billion, according to IBES data from Refinitiv. EBay, which has worked to make its platform simpler to use through grouped listings and personal recommendations, said active buyers grew 2% to 174 million in the first quarter. First quarter revenue fell 2% to $2.37 billion, but was above analysts’ Show less Read more
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