06:04 AM EDT, 05/01/2024 (MT Newswires) -- eBay ( EBAY ) is set to post its Q1 results in the extended hours today, and analysts polled by Capital IQ are anticipating a profit of $1.20 per share on revenue of $2.5 billion.
EBAY ( EBAY ) favors widening between the sessions over the last 20 years, crossing more aggressive next-day percentage closing levels following 46 of 80 after-hours earnings events during those years and narrowing in the other quarters.
Looking deeper into the performance data, EBAY ( EBAY ) has recorded an after-hours gain in 38 of the 80 quarters we've tracked, and it has seen its gain widen in the same direction in next-day trade in 24 of those events, or 63% of the time.
The stock has declined in night trade in 42 of the quarters we've tracked and widened that downside move 22 times in next-day regular session action, or 52% of the time. It has narrowed or reversed direction 48% of the time.
Price: 51.08, Change: -0.46, Percent Change: -0.89