eBay (Nasdaq: EBAY ) is expected to report Q2 earnings around July 17. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict eBay's revenues will expand 22.0% and EPS will improve 14.6%.
The average estimate for revenue is $3.37 billion. On the bottom line, the average EPS estimate is $0.55.
Last quarter, eBay reported revenue of $3.28 billion. GAAP reported sales were 29% higher than the prior-year quarter's $2.55 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.55. GAAP EPS of $0.44 for Q1 were 22% higher than the prior-year quarter's $0.36 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 70.0%, 140 basis points worse than the prior-year quarter. Operating margin was 19.9%, 230 basis points worse than the prior-year quarter. Net margin was 17.4%, 130 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $14.03 billion. The average EPS estimate is $2.36.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 3,654 members out of 4,217 rating the stock outperform, and 563 members rating it underperform. Among 1,178 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,090 give eBay a green thumbs-up, and 88 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on eBay is outperform, with an average price target of $39.17.
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