Brace yourselves for the unveiling of eBay’s (NASDAQ: EBAY) second quarter financial results on Wednesday 31st July 2024. This eagerly awaited announcement will take place after market close.
Financial analysts on Wall Street are predicting that the firm is about to reveal an estimated $1.13 profit per share for the quarter. Additionally, the company is projected to announce a total revenue of $2.53 billion for this period.
The consensus analysts survey data predict that the company should report $1.13 profit per share from a total of $2.53 billion in revenue for the quarter., in the mean time, EBAY has set a goal for Q2 revenues between $2.49 and $2.54 billion that translate to estimated income of $1.10 – $1.15 per share.
The earnings report for the corresponding quarter in the previous year showcased a per-share income of $1.03. This considerable sum was attributed to the company’s total revenue, which reached an impressive $2507.29 million during that specific quarter.
Wall Street analysts have offered their forecasts for the company’s yearly performance, predicting a total revenue of $10.28 billion. At the same time, they are expecting the company to achieve per share profit of $4.69 for the fiscal year ahead.
eBay (EBAY) closed Tuesday’s regular trading session at $55.40, marking a 1.45 percent advance. The stock fluctuated between $54.60 and $55.50 during the day, with a volume of 4.41 million shares.
