| EBAY |
Report |
GMV |
BEAT |
pred ~$21.9B vs. cons ~$21.7B |
MEDIUM |
| EBAY |
Report |
Revenue |
BEAT |
pred ~$3.05B vs. cons ~$3.018B |
MEDIUM |
| EBAY |
Report |
Non-GAAP EPS |
BEAT |
pred ~$1.54 vs. cons ~$1.51 |
MEDIUM |
| EBAY |
Guide |
Q3'26 Revenue guide |
LOWER |
guide ~$2.85B vs. cons ~$2.89B (Q3 2026) |
MEDIUM |
| EBAY |
Guide |
Q3'26 GMV guide |
LOWER |
guide ~$20.6B vs. cons ~$20.9B (Q3 2026) |
MEDIUM |
| EBAY |
Guide |
Q3'26 Non-GAAP EPS guide |
LOWER |
guide ~$1.33 vs. cons ~$1.37 (Q3 2026) |
MEDIUM |
| EBAY |
Guide |
FY2026 GMV growth (FXN) outlook |
BETTER |
guide ~7.5-8% vs. cons ~7.5% (FY2026) |
LOW |
| EBAY |
Return |
Day-1 residual (stock − beta × S&P 500) |
-3.5% |
— |
MEDIUM |
| EBAY |
Return |
5-day cumulative residual |
-5.0% (FOLLOW-THROUGH) |
Q2 likely beats modestly on GMV/revenue/EPS, but eBay's explicit H2 deceleration (lapping Klarna, marketing efficiencies, bullion normalization) means the Q3 guide lands below elevated consensus that already sits at the top of the Q2 range. With the stock +26% YTD and richly valued, the beat bar is high and the conservative out-period guide drives H2 estimate cuts. Analysts trim forward numbers over the following days, so the initial negative reaction follows through to the downside rather than recovering; only a larger-than-expected FY raise would blunt this. |
LOW |