eBay's Quarterly Earnings: Can it Show Growth Without PayPal?

Investors will focus on potential growth opportunities for eBay (EBAY) when reviewing the company's first quarterly earnings report since its spin-off of PayPal (PYPL), according to one analyst.
Author:
Publish date:

Investors will focus on potential growth opportunities for eBay (EBAY) when reviewing the company's first quarterly earnings report since its spin-off of PayPal (PYPL), according to one analyst. Scott Kessler, Equity Analyst at S&P Capital IQ said the quarter will mark the first time since 2002 that investors have seen eBay's results without PayPal. Kessler noted that eBay has struggled to achieve growth over the last few quarters due to the stronger U.S. dollar. At the same time, eBay is facing increased competition. 'Over the last five to ten years, eBay has actually lost for the most part we think significant market share across a number of different geographies,' said Kessler, who wants to see eBay's plan to take on Amazon (AMZN) and smaller companies like Etsy (ETSY). eBay reports its results on Wednesday.