eBay Inc. (NASDAQ:EBAY) Q1 2024 Earnings Call Transcript May 1, 2024 eBay Inc. beats earnings expectations. Reported EPS is $1.25, expectations were $1.03. eBay Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon, and welcome to eBay’s First […]
Etsy stock was on pace to have its worst day since 2020 after the e-commerce retailer posted lower-than-expected gross merchandise sales for the first quarter. GMS of $2.99 billion was below the FactSet consensus of $3.03 billion and lower than the $3.1 billion reported in the same period last year. The results have led to concerns among Wall Street analysts over what the current state of the consumer means for the company’s top-line.
eBay's (EBAY) first-quarter 2024 results benefit from strength in its advertising business.