eBay: raises annual targets
(CercleFinance.com) - The eBay group announces that it is raising its expectations for 2020, after "better than expected" Q2 results.
In Q2, the group reported non-GAAP EPS of 1.08 dollar, up from $0.66 a year earlier. Similarly, net income improved from 576 million dollars to 770 million dollars.
Regarding its expectations, eBay now anticipates annual revenues of between 10.56-10.75 billion dollars, for organic growth of 12%-14%. It expects FY EPS of 3.47-3.59 dollars.
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