EBay forecasts quarterly revenue below estimates-March 2024-www.financetom.com

EBay forecasts quarterly revenue below estimates

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

EBay forecasts quarterly revenue below estimates

Jul 31, 2024 1:50 PM

July 31 (Reuters) - EBay ( EBAY ) forecast third-quarter

revenue below Wall Street estimates on Wednesday, a sign that

demand is slowing down for collectible items, luxury handbags

and watches.

The e-commerce platform expects revenue for the quarter

between $2.5 billion and $2.56 billion, compared to analysts'

estimate of $2.54 billion.

Previous page： Cohen & Steers Reports 6.1% Drop in Assets Under Management During December Next page： BlackRock seeks to push FDIC bank oversight deadline to March

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Cohen & Steers Reports 6.1% Drop in Assets Under Management During December

Jan 9, 2025

05:01 PM EST, 01/09/2025 (MT Newswires) -- Cohen & Steers ( CNS ) said late Thursday its preliminary assets under management decreased to $85.81 billion on Dec. 31 compared with the $91.44 billion at the end of November. The month-over-month decrease of $5.62 billion was due to $5.73 billion in market depreciation and around $396 million in distributions offset by...

BlackRock seeks to push FDIC bank oversight deadline to March

Jan 9, 2025

Jan 9 (Reuters) - BlackRock ( BLK ) has asked the U.S. Federal Deposit Insurance Corporation to extend its deadline to reach an agreement on how the agency would oversee the giant asset manager's investments in FDIC-regulated banking organizations from Friday until March 31, according to a letter the firm sent to regulators on Thursday and obtained by Reuters. The...

Glass Lewis recommends Air Products investors back all of Mantle Ridge's board candidates

Jan 9, 2025

NEW YORK, Jan 9 (Reuters) - Proxy advisory firm Glass Lewis on Thursday recommended that Air Products and Chemicals ( APD ) investors elect all four of activist investor Mantle Ridge's board candidates. Mantle Ridge is asking shareholders in the industrial gases company to elect its nominees, including its founder Paul Hilal, to the nine-member board to help improve operations...

BlackRock seeks to push FDIC bank oversight deadline to March

Jan 9, 2025

(Reuters) -BlackRock ( BLK ) has asked the U.S. Federal Deposit Insurance Corporation to extend its deadline to reach an agreement on how the agency would oversee the giant asset manager's investments in FDIC-regulated banking organizations from Friday until March 31, according to a letter the firm sent to regulators on Thursday and obtained by Reuters. The letter is the...