Ebay's holiday-quarter forecast disappoints; shares slump
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Wedbush Cuts Price Target on eBay (EBAY) Following 3Q Beat
October 20, 2016 7:46 AM EDTWedbush maintained a Neutral rating on eBay (NASDAQ: EBAY), and cut the price target to $33.00 (from $34.00), following the company's 3Q earnings report. Revenue of $2.22b grew 8% YoY FXN and topped consensus of $2.19 billion and the guidance range of $2.16-2.19b. Non-GAAP EPS of $0.45... More
Needham & Company Remains Sidelined on eBay (EBAY) Following 3Q Report
October 20, 2016 7:07 AM EDTNeedham & Company reiterated a Hold rating on eBay (NASDAQ: EBAY) following the company's 3Q earnings report. eBay reported GMV of $20.1B, up 3% y/y or 5% ex-FX, and revenue of $2.2B, up 6% y/y or 8% ex-FX, slightly ahead of consensus estimates. eBay posted non-GAAP EPS of $0.45 for 3Q16,... More
