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eBay Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Published 27/02/2024, 14:10
© Reuters. eBay Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

eBay Inc. (NASDAQ: EBAY) is expected to release earnings results for its fiscal fourth quarter, after the closing bell on Feb. 27, 2024.

Analysts expect the company to report quarterly earnings at $1.03 per share, down from year-ago earnings of $1.07 per share. The company is projected to post revenue of $2.51 billion for the latest quarter, compared to $2.51 billion in the year-earlier quarter, according to data from Benzinga Pro.

eBay, last month, announced the appointment of Zane Rowe to its Board of Directors.

eBay shares fell 0.3% to close at $43.88 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • Wells Fargo analyst Ken Gawrelski maintained an Equal-Weight rating and cut the price target from $46 to $45 on Jan. 24, 2024. This analyst has an accuracy rate of 72%.
  • Benchmark analyst Daniel Kurnos maintained a Buy rating and cut the price target from $60 to $56 on Nov. 8, 2023. This analyst has an accuracy rate of 75%.
  • Truist Securities analyst Youssef Squali maintained a Hold rating and slashed the price target from $54 to $47 on Nov. 8, 2023. This analyst has an accuracy rate of 84%.
  • Stifel analyst Mark Kelley initiated coverage on the stock with a Hold rating and a price target of $46 on Oct. 17, 2023. This analyst has an accuracy rate of 88%.
  • B of A Securities analyst Justin Post maintained a Neutral rating and cut the price target from $54 to $52 on July 27, 2023. This analyst has an accuracy rate of 84%.
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Latest Ratings for EBAY

Mar 2022BenchmarkMaintainsBuy
Mar 2022Piper SandlerMaintainsOverweight
Feb 2022SusquehannaMaintainsNeutral

View the Latest Analyst Ratings

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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