eBay beats earnings expectations with revenue growth, active buyer base increase, stock up 10%.
From Nasdaq: 2025-05-01 09:53:00
eBay Inc. reported first-quarter 2025 non-GAAP earnings of $1.38 per share, beating the Zacks Consensus Estimate by 2.99%. Net revenues of $2.58 billion also surpassed estimates by 1.49%. The company’s active buyer base grew to 134 million, up 1% year over year. eBay’s stock has gained 10% year-to-date, outperforming the Internet – Commerce industry. Operating expenses grew 1.71% year over year to $1.24 billion. eBay’s cash equivalents and short-term investments were $4.79 billion as of March 31, 2025. The company generated $787 million in cash from operating activities in the first quarter. eBay expects second-quarter 2025 revenues in the range of $2.59-$2.66 billion, with a non-GAAP operating margin between 27% and 27.8%. The company anticipates GMV for the second quarter to be in the range of $18.6-$19.1 billion, with non-GAAP earnings per share between $1.24 and $1.31. eBay carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the sector are Carvana, Alibaba, and Canada Goose, each carrying a Zacks Rank #2 (Buy). Shares of Carvana have gained 20.1% year to date, while BABA and GOOS are expected to report their respective first-quarter 2025 results soon.
Read more at Nasdaq: EBAY Q1 Earnings Surpass Estimates, Revenues Increase Y/Y
