Ina Steiner EcommerceBytes Blog
News and insight focusing on ecommerce.
by Ina Steiner, Editor of EcommerceBytes.com
Wed Jan 8 2020 12:00:15

eBay to Reveal 2019 Financial Performance in 3 Weeks

By: Ina Steiner

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How did eBay perform in 2019? We'll find out on January 28th when the company releases earnings for the fourth quarter (October, November, and December) and full year.

eBay's Scott Schenkel, who took over as interim CEO after Devin Wenig's abrupt departure on September 25th, may have some interesting things to say in light of all the changes at eBay. Here's a look at some questions and issues he may address:

- The progress of eBay's search for a new CEO.

- More color on what eBay will do with the $4.05 billion from the sale of StubHub. (In November, he said the proceeds would be put toward stock buybacks, dividends and M&A investing.)

- Current thinking on the potential sale of eBay Classifieds.

- Progress of eBay's transition to Managed Payments.

If eBay executives don't volunteer much information during the call, will analysts probe?

Sellers look at earnings calls differently than Wall Street and will be looking for signs that eBay is doing something to provide a stable platform that will bring in buyers - with no unpleasant surprises in 2020.

Feel free to post *your* questions for eBay.

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Readers Comments

Perminate Link for eBay to Reveal 2019 Financial Performance in 3 Weeks   eBay to Reveal 2019 Financial Performance in 3 Weeks

by: eBaySince2006 This user has validated their user name.

Wed Jan 8 12:31:11 2020

eBay did great Q4 I'm buying stock. The only 2 venues left are AZ and EB  

Perminate Link for eBay to Reveal 2019 Financial Performance in 3 Weeks   eBay to Reveal 2019 Financial Performance in 3 Weeks

This user has validated their user name. by: toolguy

Wed Jan 8 12:31:59 2020

I want to know if eBay intends on doing something about shipping funds.

Either release funds for shipping or set up a system like the one with Fedex where I pay monthly.

I'm going to be in trouble once I'm in MP with shipping costs as I live day to day off my eBay INCOME!

Perminate Link for eBay to Reveal 2019 Financial Performance in 3 Weeks   eBay to Reveal 2019 Financial Performance in 3 Weeks

by: pace306 This user has validated their user name.

Wed Jan 8 14:19:14 2020

1. The progress of eBay's search for a new CEO - todies and lackeys are hard to find. If you do get one, they want BIG pay checks. Good luck to them finding someone who wants to sully their career for a pittance

2. Color? geez. The ONLY color is green and that money will go to the BOD as always. eBay (still) has an offshore account or 2 - thats where most of it will go. eBay USED to have 9 billion there - last I read it was about 5 (some was used to wash the stolen seller funds to build Walkers West and to golden parachute eBay hot shots)

3. Current "thinking" ? the other 2 sold items (Paypal and Stubhub) were the ONLY parts of eBays "Vast Empire" (patent pending) that made money. Investors saw that and wanted them all separated. If Classifieds makes money then it to will get the axe (its not really complicated here)

4. Managed Payments "progress". As stated in the LAST topic - eBay is going to the mat on this as it provides MANY MANY ways for eBay to accomplish its evil goals. FULL control of sellers and their funds are what eBay is trying to accomplish, along with keeping the float. Its like that movie where the crooks write a code to keep the roundings of transactions - and the next day theres a few million in the account they create. The roundings on keeping the float for 24hrs or so - makes the San Jose mafia MILLIONS.

Meet the new boss - same as the OLD boss.

Perminate Link for eBay to Reveal 2019 Financial Performance in 3 Weeks   eBay to Reveal 2019 Financial Performance in 3 Weeks

This user has validated their user name. by: iheartjacksparrow

Wed Jan 8 15:28:30 2020

@toolguy - Do you honestly think eBay would allow you to accumulate shipping charges and pay at a later date? Do you think they'd take the chance that you'd close your eBay and PayPal accounts and they'd be stuck with those bills? It's different with store and listing fees, because those don't actually cost eBay any money out-of-pocket. If you're smart, you will start allocating money in your PayPal account each month for postage so as to build up a surplus to pay for shipping labels.  

Perminate Link for eBay to Reveal 2019 Financial Performance in 3 Weeks   eBay to Reveal 2019 Financial Performance in 3 Weeks

by: thievesBay This user has validated their user name.

Wed Jan 8 16:42:50 2020

As always eBay will reveal more smoke and mirrors for their results trying to get a temporary pump in the stock price so the execs can cash in more $ from their gifted stock options. More fake numbers, more fake propaganda about how everything's great and they're constantly making "improvements" to the marketplace, more fake news about how sellers and buyers are delighted in their "improvements". All analyst questions will be pre-prepared and pre-approved so eBay can give carefully crafted BS answers they've spent weeks/months working on what they'll say. All utter garbage. Then every 3 months, rinse and repeat.

Perminate Link for eBay to Reveal 2019 Financial Performance in 3 Weeks   eBay to Reveal 2019 Financial Performance in 3 Weeks

by: thievesBay This user has validated their user name.

Wed Jan 8 16:55:07 2020

Oh I forgot to add, they'll also say active buyers are up again which is another lie. Let's guess they'll say it's up 4% again as they've said that exact same number the last several quarters. How amazingly consistent is that lol. eBay makes everything up as they go trying to impress Wall Street to give the impression that they're growing. Let's just say that they're not growing, they're in decline and have been for years, but eBay won't allow themselves to release the real numbers.

Perminate Link for eBay to Reveal 2019 Financial Performance in 3 Weeks   eBay to Reveal 2019 Financial Performance in 3 Weeks

by: Frank Abagnale This user has validated their user name.

Wed Jan 8 18:15:34 2020

@thiesvebay

Ebay's active buyers increase is a worldwide number. While ebay USA is stagnant and mature, those increase in users are generally from the BRIC countries (Brazil, Russia, India and China). And the only numbers that ebay seller's should really care about is their ebay sales.    

Perminate Link for eBay to Reveal 2019 Financial Performance in 3 Weeks   eBay to Reveal 2019 Financial Performance in 3 Weeks

This user has validated their user name. by: NoMoreEbay

Wed Jan 8 19:22:52 2020

I thought ebay classified was dissolved like 6 years ago. Anyone have a link? When I Google it, no classified web site shows up.

On the stock buyback front. Two of the primary reasons for it are it's a quick fix for a financial statement, i.e. the Jan 28 results. Also, It helps to preserve the stock price which has been dismally stagnant for years. Wall street will likely take this as a good thing when in reality it's yet another bandaid for ebay's dwindling business.

Meantime they have to keep the shareholders happy hence the dividends but the M&A investing really has me puzzled. Everything ebay has merged with or acquired has either failed or been sold. Why on earth would they want to continue down that path when their core business is a technological and brand nightmare.

One thing is for sure, the results will be filled with so much corporate babble that no one will know what the heck they are talking about.....as usual.  

Perminate Link for eBay to Reveal 2019 Financial Performance in 3 Weeks   eBay to Reveal 2019 Financial Performance in 3 Weeks

This user has validated their user name. by: toolguy

Wed Jan 8 23:50:22 2020

@iheartjacksparrow

"Do you honestly think eBay would allow you to accumulate shipping charges and pay at a later date?"

I could do it right now if I shipped everything Fedex!

But Fedex can't compete with USPS Flat Rate Box prices. . .

Perminate Link for eBay to Reveal 2019 Financial Performance in 3 Weeks   eBay to Reveal 2019 Financial Performance in 3 Weeks

This user has validated their user name. by: toolguy

Thu Jan 9 00:00:04 2020

2019 Net Revenue should be in the $12 billion range with a net income of almost $3 billion for the year

Just my optimistic view. . .



Perminate Link for eBay to Reveal 2019 Financial Performance in 3 Weeks   eBay to Reveal 2019 Financial Performance in 3 Weeks

This user has validated their user name. by: iheartjacksparrow

Thu Jan 9 00:17:40 2020

@NoMoreEbay - eBay Classifieds used to be called Kijiji (the name was changed in 2010).  

Perminate Link for eBay to Reveal 2019 Financial Performance in 3 Weeks   eBay to Reveal 2019 Financial Performance in 3 Weeks

by: BargainzBabylon This user has validated their user name.

Thu Jan 9 03:14:17 2020

"eBay did great Q4 I'm buying stock. The only 2 venues left are AZ and EB"

?  The several venues NOT "AZ" and "EB" I make thousands on must be ghosts.  

Perminate Link for eBay to Reveal 2019 Financial Performance in 3 Weeks   eBay to Reveal 2019 Financial Performance in 3 Weeks

by: eBay Shill Buster This user has validated their user name.

Thu Jan 9 10:23:10 2020

We continue as other seller do to pull inventory off of eBay rapidly to avoid getting fee churned by inept White Collar Criminal eBay executives who were trained by master criminal and extraordinary con man Devin Wenig. The incompetent Board of Directors fired Wening but are still allowing the remaining pack of thieves to conduct the very same criminal extortion running Temkin and Wenig's Good Til Canceled automated relisting scam.

eBay has no idea how to make money (steal money) any other way, so we wonder if the massive fee churning scams will cover for the massive loss of inventory in the financial results.

Perminate Link for eBay to Reveal 2019 Financial Performance in 3 Weeks   eBay to Reveal 2019 Financial Performance in 3 Weeks

This user has validated their user name. by: NoMoreEbay

Thu Jan 9 11:11:06 2020

After further research, ebay classifieds shut down in 2016. How can the sell that which doesn't exist?

Perminate Link for eBay to Reveal 2019 Financial Performance in 3 Weeks   eBay to Reveal 2019 Financial Performance in 3 Weeks

by: pace306 This user has validated their user name.

Thu Jan 9 11:32:40 2020

Shill =)

You are (of course) correct in your explanation of whats going on - but I would think that the majority of casual sellers dont realize what "it all means".

Especially when you get 150 free listings and you only sell 65 items - that gives you plenty of "space" and you dont feel the GTC fee churn since it comes off those free listings.

Those same casual sellers also never feel/are impacted by the issues with returns theft since they sell so few items.

eBay for most people is a different animal then what it is for REGULAR sellers. We look at every invoice, we look into every rule, we look at how eBay announcements will impact us - alot of people dont.

Im sure that eBay will have some more weird fudged numbers ... should be a real "riot"!

Perminate Link for eBay to Reveal 2019 Financial Performance in 3 Weeks   eBay to Reveal 2019 Financial Performance in 3 Weeks

This user has validated their user name. by: RKTOYS

Thu Jan 9 11:43:28 2020

I thought eBay classifieds was already shut down too.  Haven't used it for at least a decade.

I expect eBay will announce they're doing better than ever just like realtors always say now is the best time to buy real estate.  These annual reports are really just lying contests for big businesses that are never ever held accountable for anything.

Perminate Link for eBay to Reveal 2019 Financial Performance in 3 Weeks   eBay to Reveal 2019 Financial Performance in 3 Weeks

This user has validated their user name. by: iheartjacksparrow

Thu Jan 9 11:45:23 2020

@NoMoreEbay - I don't think they shut down:

https://www.ebayclassifiedsgroup.com/

Perminate Link for eBay to Reveal 2019 Financial Performance in 3 Weeks   eBay to Reveal 2019 Financial Performance in 3 Weeks

by: eBay Shill Buster This user has validated their user name.

Thu Jan 9 12:24:11 2020

Pace, the fraud is massive, they use deception and unfair trade practices that they have been sued for in the past in class actions and lost, the very same practices they had to pay out millions to settle, they do it today, the very same crime due to a change in the TOS that state users can not file class actions.

https://community.ebay.com/t5/Selling/TRUTH-IN-STATING-FEES/m-p/305164
53#M1525307

The GTC fraud money generation is going to run in the billions....

Perminate Link for eBay to Reveal 2019 Financial Performance in 3 Weeks   eBay to Reveal 2019 Financial Performance in 3 Weeks

by: Carl This user has validated their user name.

Thu Jan 9 12:28:37 2020

@NoMoreEbay & RKTOYS

iheartjacksparrow beat me to it.
Over here in the UK they own Gumtree, and they have just acquired an Australian site that hasn't even made it to the list on the above website yet. So if anything, it is expanding.

Perminate Link for eBay to Reveal 2019 Financial Performance in 3 Weeks   eBay to Reveal 2019 Financial Performance in 3 Weeks

This user has validated their user name. by: toolguy

Thu Jan 9 12:48:54 2020

@pace306

"Especially when you get 150 free listings"

No such thing!

Starter store gets 100 free listings

Basic store gets 250

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