eBay reports Q316 results today: what to expect?
eBay Inc. will be reporting the third quarter results today after the markets close in the USA. What should we expect?
eBay’s stock price has appreciated by 20% in the past 3 months and that’s very respectable. And these results represent the first reports a full year after the split from PayPal.
Analysts are looking for something like revenues of $2.19bn from the quarter. But they are also interested in business developments, in particular with search and how that impacts SEO and search. So-called ‘structured data’.
In terms of the business reports there: “We would look for commentary on whether structured data momentum continued into 3Q though would note that structured data remains a multiyear process,” Raymond James analysts wrote.
Of course, on a day-to-day basis, these results don’t much matter to eBay sellers in the Uk but its is well worth keeping an eye on the corporation that many of you rely on for your livelihoods and understand the direction of travel.
Do you think eBay had a good 3rd quarter when you look at your own business results?