eBay: quarterly EPS beats expectations
(CercleFinance.com) - On Tuesday evening the online auction and trading group eBay reported adjusted net income that is down 2% at 661 million dollars, while EPS rose 15% to 81 cents, six cents above the consensus.
At 2.8 billion dollars, the group's revenues slipped 2% as reported, although were flat excluding FX factors, for a gross volume of goods of 23.3 billion dollars and 183 million active buyers worldwide.
With 2019 adjusted EPS up 22% at 2.83 dollars, eBay expects between 2.95 dollars and 3.05 dollars this year. It also decided to increase its quarterly dividend by 14% to 16 cents.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
At 2.8 billion dollars, the group's revenues slipped 2% as reported, although were flat excluding FX factors, for a gross volume of goods of 23.3 billion dollars and 183 million active buyers worldwide.
With 2019 adjusted EPS up 22% at 2.83 dollars, eBay expects between 2.95 dollars and 3.05 dollars this year. It also decided to increase its quarterly dividend by 14% to 16 cents.
Copyright (c) 2020 CercleFinance.com. All rights reserved.