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eBay reported Q1 earnings and topped analyst expectations, but shares are down -6.24% in post market. The eCommerce company announced Non-GAAP EPS of $1.09 (beats by $0.02) and revenue of $3.02B (+42% Y/Y).
Despite the growth, investors appear to be concerned about Q2 guidance that was given. eBay's Q2 guidance was flat and is expected to be in the range $2.98 - $3.03B. Should investors sell or steer clear of #ebay because of the guidance? Or take advantage of any dip that the stock has to offer?
By Financial MoverseBay reported Q1 earnings and topped analyst expectations, but shares are down -6.24% in post market. The eCommerce company announced Non-GAAP EPS of $1.09 (beats by $0.02) and revenue of $3.02B (+42% Y/Y).
Despite the growth, investors appear to be concerned about Q2 guidance that was given. eBay's Q2 guidance was flat and is expected to be in the range $2.98 - $3.03B. Should investors sell or steer clear of #ebay because of the guidance? Or take advantage of any dip that the stock has to offer?