PREVIEW: eBay 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
