BUZZ-EBay climbs on strong Q1 outlook, Depop acquisition

Reuters
02/19
BUZZ-EBay climbs on strong Q1 outlook, Depop acquisition

** E-commerce company eBay's EBAY.O shares rise 6.2% to $87.23 in extended trading

** Co forecasts Q1 revenue between $3.0 bln and $3.05 bln, vs avg. analysts' estimate of $2.80 bln

** Sees Q1 adjusted EPS between $1.53 and $1.59, vs. estimates of $1.48

** EBay to acquire fashion marketplace Depop from Etsy ETSY.N for ~$1.2 bln in cash

** In 2025, stock rose 40.6%

(Reporting by Anhata Rooprai in Bengaluru)

((Anhata.Rooprai@thomsonreuters.com))

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