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eBay: Q1 EPS slips 2%

(CercleFinance.com) - eBay reported a 2% decline in adjusted EPS to 1.
05 dollar for the first three months of 2022 on Wednesday evening, with an adjusted operating margin of 32.4% on revenues that are down 6% to 2.5 billiin dollars (-5% excluding currency effects).

It said that it delivered another solid quarter, at the upper end of its expectations, expressing confidence in the long-term strategy presented in March, despite the current macro headwinds.

The internet marketplace says it expects adjusted EPS of between 0.87 to 0.91 euro and revenues of 2.35 to 2.4 billion dollars for the current quarter. For FY 2022, it is targeting respective ranges of 3.90-4.10 dollars and 9.6-9.9 billion dollars.



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