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 grow 14.6% and EPS will grow 12.5%.
The average estimate for revenue is $3.89 billion. On the bottom line, the average EPS estimate is $0.63.
Last quarter, eBay reported revenue of $3.75 billion. GAAP reported sales were 14% higher than the prior-year quarter's $3.28 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 $0.63. GAAP EPS of $0.51 for Q1 were 16% higher than the prior-year quarter's $0.44 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 69.3%, 70 basis points worse than the prior-year quarter. Operating margin was 21.2%, 130 basis points better than the prior-year quarter. Net margin was 18.1%, 70 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $16.31 billion. The average EPS estimate is $2.74.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 3,891 members out of 4,456 rating the stock outperform, and 565 members rating it underperform. Among 1,289 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,209 give eBay a green thumbs-up, and 80 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 $60.69.
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