3 minutes

eBay (EBAY) 3Q16 Results: Solid Quarter, Transformation Continues

Primary Analyst: Coresight Research
Contributors
Primary Analyst: Coresight Research
Insight Report

Executive Summary

  • eBay reported 3Q16 adjusted EPS of $0.45, beating the consensus estimate by a penny and up 3.3% year over year. Revenues were $2.2 billion, slightly above the consensus estimate and up 5.6% year over year.
  • StubHub was the company’s top-performing segment, with 32% revenue growth, followed by Classifieds (up 11% as reported) and Marketplace (up 2% as reported).
  • The company’s full-year revenue guidance range was at or above consensus estimates, and non-GAAP EPS guidance of $1.85–$1.90 was unchanged.
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