Insight Report 2 minutes Premium(EBAY) 2Q 2016 RESULTS: QUARTER IN LINE, RAISES FULL-YEAR GUIDANCE ON SOLID CUSTOMER GROWTH, ACQUISITIONS Coresight Research July 21, 2016 Executive Summary eBay reported 2Q16 revenues of $2.2 billion, up 5.7% year over year and slightly above the consensus estimate. Gross merchandise volume (GMV) was $20.9 billion, up 4% year over year as reported and up 6% on a currency-neutral basis. Adjusted EPS was $0.43, as compared to $0.42 in the year-ago quarter, and beating the consensus estimate by a penny. StubHub achieved GMV of $1.1 billion, up 35% year over year, and revenues of $225 million, up 40%. Classifieds platforms generated revenue of $207 million, up 15% year over year. eBay raised full-year guidance and now expects revenues of $8.85–$8.95 billion, up from prior guidance of $8.6–$8.8 billion. The company also raised EPS guidance to non-GAAP EPS of $1.85–$1.90, up from $1.82–$1.87. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Three Data Points We’re Watching This Week, Week 16: US Easter ExpectationsShoptalk Spring 2025 Wrap-Up: Customer-Centricity for a New Golden Age of RetailApparel and Footwear Shopping in Focus—Amazon and Walmart Lead; NIKE Ranks as Top Brand: US Consumer Survey InsightsInnovator Profile: Novel—Driving Conversion and Boosting Loyalty with Branded Wallet Passes
