eBay Inc. (EBAY) suffered a significant stock plunge of 8.45% during intraday trading on Wednesday, February 26th, 2025. The e-commerce company's shares tumbled despite reporting better-than-expected fourth-quarter earnings, as investors reacted negatively to its weaker-than-anticipated revenue guidance for the first quarter of 2025.
For the fourth quarter of 2024, eBay reported adjusted earnings per share of $1.25, surpassing analysts' consensus estimate of $1.20. However, the company's revenue guidance for the current quarter fell short of Wall Street's expectations, signaling potential weakness in demand for its products and services.
eBay forecasted first-quarter revenue in the range of $2.52 billion to $2.56 billion, lower than analysts' average estimate of $2.59 billion. This disappointing guidance overshadowed the company's solid fourth-quarter performance, leading to the significant sell-off in eBay's stock.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。