Feb 26, 09:07 PM

eBay Stock Drops 6% After Q4 Beat and Weak Q1 Revenue Guidance of $2.52B-$2.56B

eBay Inc. reported its Q4 2024 earnings, surpassing analyst expectations with revenue of $2.6 billion compared to the $2.58 billion estimate and adjusted earnings per share (EPS) of $1.25, exceeding the $1.20 consensus. Gross Merchandise Volume (GMV) reached $19.32 billion, up 4% year-over-year and above the $19.07 billion estimate. Adjusted net income stood at $607 million, beating the $579.8 million estimate. The company provided Q1 2025 guidance, forecasting revenue between $2.52 billion and $2.56 billion, below the $2.6 billion analyst estimate. Adjusted EPS for Q1 is projected to range from $1.32 to $1.36, aligning with the $1.33 consensus estimate. GMV for Q1 is expected to be between $18.3 billion and $18.6 billion, with FX-neutral growth anticipated at 0% to 1%. Despite the strong Q4 results, eBay's stock dropped 6% in after-hours trading due to its lower-than-expected Q1 revenue guidance. The company highlighted three consecutive quarters of GMV growth to close 2024.

#Gross Merchandise Volume #eBay

Written with ChatGPT (GPT-4o).

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eBay Stock Drops 6% After Q4 Beat and Weak Q1 Revenue Guidance of $2.52B-$2.56B

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