eBay to Release FY2022 Q3 Earnings on Wednesday, November 2

eBay is scheduled to release its earnings report for the third quarter of fiscal year 2022 on Wednesday, November 2, 2022. Analysts are expecting the company's stock to slightly outperform the consensus estimates. In the previous quarter, eBay beat[...]

SAN JOSE, CA - JANUARY 22:  A sign is posted in front of the eBay headquarters  (Photo by Justin ... [+] Sullivan/Getty Images)Getty Images
The eBay headquarters in San Jose, CA, is a bustling hub of activity, with people coming and going constantly. The sign out front is a clear indication of the company's success, and the parking lot is always full.

eBay (NASDAQ: EBAY) will report its fiscal Q3 2022 results on Wednesday, November 2, 2022. We expect the company to beat the consensus estimates, despite a 9% year-on-year drop in net revenues. The top line will be driven by lower net transaction revenues, as a result of a decline in website traffic. Additionally, the key metric - Gross Merchandise Volume is expected to decrease by 18%.

eBay is a great company that is currently undervalued by the market. Their recent earnings and revenue results have been strong, and I believe the stock price will reflect that in the near future.

EBAY Earnings EstimatesTrefis
As an online marketplace, eBay is well-positioned to weather the current economic downturn. While other retailers are struggling, eBay is still seeing strong growth in its business.

It is expected that revenues will exceed the consensus estimates. This is good news for businesses and investors alike. With businesses bringing in more money than expected, it is likely that they will continue to grow and expand.

Looking at eBay's revenue numbers for the first half of 2022, it's clear that the company is facing some challenges. Net transaction revenue is down 6% year-over-year, and overall revenue is down 8%. Looking ahead, we expect the same trend to continue in the third quarter. eBay's revenues are forecast to touch $9.7 billion for FY2022, but it remains to be seen how much of that will be profit.

Looking ahead to eBay's fiscal Q3 2022, Trefis estimates that the company's net revenues will come in around $2.36 billion. This would represent a 2% increase over the consensus estimate of $2.32 billion. Given eBay's strong track record of delivering growth, we believe that this estimate is achievable.

There is a strong possibility that EPS will exceed the consensus estimates. This would be a positive development for the company and its shareholders.

Looking ahead to eBay's third quarter results for 2022, we expect the company to marginally beat consensus earnings estimates. However, we note that eBay's adjusted net income has decreased significantly in the first half of the year, due mainly to losses on equity investments and warrants. We believe that the company's net income margin will improve in the third quarter, thanks to a one-time gain from discontinued operations.

This stock is a great buy! The price is estimated to be 35% above the current market price, so you're bound to make a profit.

eBay is a great company that is undervalued by the market. The company has a strong future, and I believe that its stock price will reflect this in the coming years.

The P/E multiple is a key metric used by investors to value companies. It is based on the share price at the end of the year and the reported (or expected) adjusted earnings for the full year. The P/E multiple is a key metric used by investors to value companies.

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EBAY Return compared with Trefis Multi-Strategy PortfolioTrefis
It is clear that eBay is a superior investment compared to Trefis. Trefis is a highly volatile stock, while eBay is a relatively stable company. eBay also has a much higher return on investment compared to Trefis.

Looking at the paragraph, it seems like the author is recommending that readers check out Trefis' Price Estimates feature. This is a useful tool for investors who want to get a better idea of how a company is valued.