BUZZ-EBay climbs on strong Q1 outlook, Depop acquisition
Reuters
Yesterday
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))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.