eBay Likely To Report Higher Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Author: Avi Kapoor | July 31, 2024 01:06pm

eBay Inc. (NASDAQ:EBAY) will release its second quarter financial results, after the closing bell on Wednesday, July 31.

Analysts expect the San Jose, California-based company to report quarterly earnings at $1.13 per share, up from $1.03 per share in the year-ago period. Starbucks expects to post revenue of $2.53 billion, compared to $2.51 billion a year ago, according to data from Benzinga Pro.

On May 1, eBay posted better-than-expected first-quarter results.

eBay shares gained 1.5% to close at $55.40 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

• Wolfe Research analyst Deepak Mathivanan initiated coverage on the stock with a Peer Perform rating on July 16. This analyst has an accuracy rate of 80%.
• JP Morgan analyst Doug Anmuth reinstated a Neutral rating with a price target of $60 on June 25. This analyst has an accuracy rate of 84%.
• Benchmark analyst Daniel Kurnos reiterated a Buy rating with a price target of $58 on June 17. This analyst has an accuracy rate of 73%.
• Baird analyst Colin Sebastian maintained an Outperform rating and raised the price target from $57 to $58 on June 17. This analyst has an accuracy rate of 77%.
• Truist Securities analyst Youssef Squali maintained a Hold rating and boosted the price target from $48 to $50 on May 6. This analyst has an accuracy rate of 80%.

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Posted In: EBAY