EBay Stock Sinks on Soft Revenue, Gross Merchandise Volume Outlook | Global News Avenue

eBay stocks (ebay) fell more than 5% on Thursday, the e-commerce market released its current quarterly revenue and total commodity sales (GMV) look weaker than analysts expected.

San Jose, California-based company reports adjustments for the fourth quarter Earnings per share (EPS) The price of $1.25 is ahead of the analyst consensus of the visible alpha compilation, with its own forecast range from $1.17 to $1.22. income With less than 1% to $2.58 billion rise Analysts’ expectations And it is mainly higher than eBay’s $2.53 billion prospect to reach $2.59 billion.

CFO says “challenging the macro environment” continues

In the first quarter, eBay is expected to generate $2.52 billion to $2.56 billion in revenue, lower than analysts’ forecast of $260 billion. It also saw it GMV $18.3 billion to $18.6 billion, while analysts are looking for $18.86 billion.

“We will continue to operate in a challenging macro environment, especially in Europe,” eBay CFO Steve Priest said on the company’s earnings call, based on transcripts provided by Alphaense. “Now, lately, we are facing uncertainty around U.S. tariffs de minimis change. ”

Even with Thursday’s decline, eBay’s stock has been worth nearly 40% of the past 12 months.