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Dec 31, 2020
eBay Q4 2020 Earnings Report
eBay's Q4 2020 earnings exceeded expectations, driven by strong revenue and GMV growth.
Key Takeaways
eBay Inc. reported strong fourth-quarter results, with revenue up 28% to $2.9 billion and GMV up 21% to $26.6 billion. GAAP EPS was $1.12, and non-GAAP EPS was $0.86. The company also highlighted its investments in product and technology and its support for small businesses.
Revenue increased by 28% year-over-year, reaching $2.9 billion.
Gross Merchandise Volume (GMV) grew by 21% year-over-year, totaling $26.6 billion.
GAAP EPS from continuing operations was $1.12 per diluted share.
Non-GAAP EPS from continuing operations was $0.86 per diluted share.
eBay
eBay
Forward Guidance
eBay provided guidance for Q1 2021, projecting revenue between $2.94 billion and $2.99 billion and GAAP EPS between $0.81 and $0.86.
Positive Outlook
- Revenue between $2.94 - $2.99 billion
- Organic FX-Neutral Y/Y Growth 35 - 37%
- GAAP EPS $0.81 - $0.86
- Non-GAAP EPS $1.03 - $1.08