EBay Shares Slide As Q4 Revenue Guidance Misses Expectations Despite Earnings Beat
EBay Shares Slide As Q4 Revenue Guidance Misses Expectations Despite Earnings Beat
EBay Inc. (NASDAQ:EBAY) shares are trading lower Thursday. The e-commerce company reported third-quarter results and issued fourth-quarter and fiscal year 2024 revenue guidance below estimates.
EBay公司（納斯達克: ebay）股價週四下跌。這家電子商務公司報告了第三季度業績，併發布了低於預期的第四季度和2024財年營業收入指導。
- Revenue growth of 3% year over year on an as-reported basis and an FX-Neutral basis to $2.58 billion, beating the consensus of $2.54 billion.
- Gross Merchandise Volume reached $18.3 billion, marking a 2% increase on an as-reported and 1% on FX-neutral basis.
- Adjusted operating margin stood at 27.2% versus 26.4% a year ago. Adjusted EPS of $1.19 beat the consensus of $1.18.
- The company generated $755 million in operating cash flow and $646 million in free cash flow in the quarter.
- As of Sept. 30, the company's cash, cash equivalents, and non-equity investments totaled $5.8 billion.
- eBay returned $881 million to stockholders, comprising $750 million in share repurchases and $131 million in cash dividends in the quarter.
- 年度營收按照報告的數據和外匯中立的基礎上同比增長3%，達到25.8億美元，超過了25.4億美元的共識。
- 總商品交易額達到183億美元，按照報告和外匯中立的基礎上分別增長2%和1%。
- 調整後的營業利潤率爲27.2%，高於一年前的26.4%。調整後的每股收益爲1.19美元，超過了1.18美元的共識。
- 公司當季淨營業現金流爲75500萬美元，自由現金流爲64600萬美元。
- 截至9月30日，公司的現金、現金等價物和非權益投資總額爲58億美元。
- ebay向股東返還88100萬美元，包括75000萬美元的股票回購和13100萬美元的現金分紅。
"Our Focus Categories and geo-specific investments are driving momentum in the business, and we are leveraging the power of Al to create magical innovations for our customers," Jamie Iannone, Chief Executive Officer, said.
「我們的重點類別和地域特定的投資推動了業務的增長勢頭，我們正在利用人工智能的力量爲客戶創造神奇的創新，」首席執行官Jamie Iannone表示。
"Solid execution within our strategic initiatives drove continued GMV growth amid a dynamic macro environment, and we are continuing to invest for the long-term while generating significant earnings growth and capital returns for shareholders."
在動態的宏觀環境中，我們在戰略舉措方面的堅實執行推動了持續增長的交易總額，我們仍在爲長期投資而努力，同時爲股東創造了顯著的盈利增長和資本回報。
Buyback: In Q3 2024, the company repurchased around 13 million shares worth $750 million.
回購：2024年第三季度，公司回購了約1300萬股，價值75000萬美元。
As of Sept. 30, approximately $1.2 billion remained authorized for further repurchases.
截至9月30日，還授權進行進一步回購的金額約爲12億美元。
Dividend: EBay's board declared a 27-cent per share cash dividend, payable on Dec. 13, to stockholders of record as of November 29, 2024.
股利：eBay董事會宣佈每股27美分的現金股息，將於2024年11月29日作爲股東紀錄日支付，支付日期爲12月13日。
Outlook: EBay expects fourth-quarter revenue of $2.53 billion-$2.59 billion (-1% to +1% FX-Neutral). Compare that to the consensus of $2.65 billion, and adjusted EPS of $1.17-$1.22 compared to the consensus of $1.22.
展望：eBay預計第四季度營業收入爲25.3億25.9億美元（外匯中立，-1%至+1%）。與市場預期的26.5億美元相比，調整後的每股收益預計爲1.17-1.22美元，而市場預期爲1.22美元。
The company expects revenue of $10.23 billion-$10.29 billion. The consensus is $10.32 billion and adjusted EPS of $4.80 – $4.85 compared to a street view of $4.83.
公司預計營業收入爲102.3億102.9億美元。市場共識爲103.2億美元，調整後的每股收益爲4.80-4.85美元，而街頭預期爲4.83美元。
Investors can gain exposure to the stock via ProShares Online Retail ETF (NYSE:ONLN) and Global X E-commerce ETF (NASDAQ:EBIZ).
投資者可以通過ProShares Online Retail ETF（NYSE: ONLN）和Global X電子商務ETF（納斯達克：EBIZ）獲得該股票的投資機會。
Price Action: EBay shares traded lower by 9.95% at $56.40 premarket at the last check Thursday.
價格走勢：eBay股價在週四最後一次檢查時預盤下跌了9.95%，報56.40美元。
- eBay's Circular Fashion Fund Expands To US And Germany, Fueling Eco-Friendly Fashion Revolution
- ebay的循環時尚基金擴展到美國和德國，推動環保時尚革命。
