eBay Inc
EBAY: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| cJ | LOCK|^?^tP | LOCK|JRcpRd |
EBay Earnings: Core Strategic Priorities Drive Broad-Based GMV Growth; Shares Overvalued
EBay's first-quarter results featured organic gross merchandise volume growth of 18% to $22.2 billion and adjusted EPS of $1.66, up 20%. While gross margin expanded 200 basis points to 74%, management reinvested this upside into their tech stack as well as marketing to fuel buyer acquisition.
