BUZZ-PREVIEW: eBay shares dip ahead of results due after the bell

Reuters
31 Jul
BUZZ-PREVIEW: <a href="https://laohu8.com/S/EBAY">eBay</a> shares dip ahead of results due after the bell

** Shares of eBay EBAY.O were down 0.5% in afternoon trading Wed, with the e-commerce platform seen reporting higher rev and EPS and in its quarterly results, due after the closing bell

** Analysts expect Q2 rev of $2.64 bln vs $2.57 bln in the yr-ago period and adj EPS of $1.30/shr vs $1.18 a yr ago, according to LSEG

** In April, eBay announced a CFO transition and forecast second-quarter rev above estimates

** Analyst recommendations on the stock include 10 "strong buy" or "buy" ratings, 20 "hold" ratings and three "sell" or "strong sell"

** The median PT on the stock is $72.00; the stock was last at $78.14

** Earlier this week, BofA Global, Stifel and UBS all raised their PTs on the stock

** The stock was up 26% YTD compared with a 9.7% gain in the Nasdaq .IXIC in that period

(Reporting by Caroline Valetkevitch )

((caroline.valetkevitch@tr.com))

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