Its earnings week folks! I usually avoid commenting on stocks specifically because most of it would just be guessing on my part but I wouldn't bet against eBay's management team when it comes to quarterly earnings. They seem to pull a rabbit out of a hat each quarter. So my "guess" is that eBay will beat estimates again for the 3rd quarter. I also wouldn't expect any fireworks from the earnings conference call on Weds.
Look for big numbers from PayPal and eBay's non-GMV businesses as the marketplace business continues to lag.
0 comments:
Post a Comment