eBay: Q2 earnings

Summary of eBay's earnings for its second quarter, following which shares went up 1% in post-market trading (9.17pm London time).



Earnings per share


$4.39 billion



$4.37 billion $0.69


Start trading nowlog in or see live chart

eBay has been able to announce a 13% increase in quarterly revenue to the market, as year-on-year it has increased from $3.88 billion to $4.37 billion. The company has kept its expectations for its third quarter at $4.3 billion.

The quarter has been dominated by cyber-attacks that have seen as many as 145 million customers’ accounts compromised, resulting in the share price falling by as much as 12% before finding some support. On top of this, the company has also found that competitors such as Amazon have upped their game. The company also had to deal with the knock-on effects of changes to the way that Google rankings worked, unfortunately to the detriment of its website.

In contrast to this, eBay’s online payment arm PayPal has seen rapid growth, and managed to more than make up for the disappointing performance of the online sales platform. PayPal saw its volume of business increase by 29%, which was driven by an increased sales values of 12%.

The company still envisages tough market conditions in the future, with one possible blip on the horizon being the imminent float of Chinese company Alibaba in August. This looks set to be the largest tech sector IPO in history, and when the company is finally quoted on the US exchange it will ensure that its brand awareness in the country will dramatically improve.

Questions about eBay’s future continue to hang over the company, as increased competition looks likely and improving PayPal returns are unlikely to able to cover this short fall in the longer term. The next obvious resistance will be the $53 level where both the 100- and 200-day moving averages are converging.

Here is a  full list of US stocks that can be traded outside New York Stock Exchange trading hours of 2.30pm to 9pm (London time).

This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

CFD’s zijn complexe instrumenten en brengen vanwege het hefboomeffect een hoog risico mee van snel oplopende verliezen. 79% van de retailbeleggers lijdt verlies op de handel in CFD’s met deze aanbieder.
Het is belangrijk dat u goed begrijpt hoe CFD's werken en dat u nagaat of u zich het hoge risico op verlies kunt permitteren.
CFD’s zijn complexe instrumenten en brengen vanwege het hefboomeffect een hoog risico mee van snel oplopende verliezen.