
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Teladoc (NYSE: TDOC) and the rest of the online marketplace stocks fared in Q4.
Marketplaces have existed for centuries. Where once it was a main street in a small town or a mall in the suburbs, sellers benefitted from proximity to one another because they could draw customers by offering convenience and selection. Today, a myriad of online marketplaces fulfill that same role, aggregating large customer bases, which attracts commission-paying sellers, generating flywheel scale effects that feed back into further customer acquisition.
The 12 online marketplace stocks we track reported a mixed Q4. As a group, revenues beat analysts’ consensus estimates by 1.5% while next quarter’s revenue guidance was in line.
While some online marketplace stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 2.4% since the latest earnings results.
Teladoc (NYSE: TDOC)
Founded to help people in rural areas get online medical consultations, Teladoc Health (NYSE: TDOC) is a telemedicine platform that facilitates remote doctor’s visits.
Teladoc reported revenues of $642.3 million, flat year on year. This print exceeded analysts’ expectations by 1%. Despite the top-line beat, it was still a softer quarter for the company with revenue guidance for next quarter missing analysts’ expectations significantly and EBITDA guidance for next quarter missing analysts’ expectations significantly.

Teladoc scored the highest full-year guidance raise of the whole group. The company reported 101.8 million users, up 8.5% year on year. Unsurprisingly, the stock is up 15.2% since reporting and currently trades at $5.36.
Read our full report on Teladoc here, it’s free.
Best Q4: eBay (NASDAQ: EBAY)
Originally known as the first online auction site, eBay (NASDAQ: EBAY) is one of the world’s largest online marketplaces.
eBay reported revenues of $2.97 billion, up 15% year on year, outperforming analysts’ expectations by 3%. The business had an exceptional quarter with revenue guidance for next quarter exceeding analysts’ expectations and EPS guidance for next quarter beating analysts’ expectations.

The market seems happy with the results as the stock is up 11% since reporting. It currently trades at $91.25.
Is now the time to buy eBay? Access our full analysis of the earnings results here, it’s free.
Weakest Q4: Shutterstock (NYSE: SSTK)
Originally featuring a library that included many of founder Jon Oringer’s photos, Shutterstock (NYSE: SSTK) is now a digital platform where customers can license and use hundreds of millions of pieces of content.
Shutterstock reported revenues of $220.2 million, down 12% year on year, falling short of analysts’ expectations by 12.7%. It was a disappointing quarter as it posted a significant miss of analysts’ revenue estimates and a significant miss of analysts’ EBITDA estimates.
Shutterstock delivered the weakest performance against analyst estimates and slowest revenue growth in the group. As expected, the stock is down 7% since the results and currently trades at $16.06.
Read our full analysis of Shutterstock’s results here.
MercadoLibre (NASDAQ: MELI)
Originally started as an online auction platform, MercadoLibre (NASDAQ: MELI) is a one-stop e-commerce marketplace and fintech platform in Latin America.
MercadoLibre reported revenues of $8.76 billion, up 44.6% year on year. This result surpassed analysts’ expectations by 3.2%. Overall, it was a strong quarter as it also put up impressive growth in its users and a decent beat of analysts’ revenue estimates.
MercadoLibre delivered the fastest revenue growth among its peers. The company reported 83 million daily active users, up 23.9% year on year. The stock is down 13.3% since reporting and currently trades at $1,668.
Read our full, actionable report on MercadoLibre here, it’s free.
Cars.com (NYSE: CARS)
Originally started as a joint venture between several media companies including The Washington Post and The New York Times, Cars.com (NYSE: CARS) is a digital marketplace that connects new and used car buyers and sellers.
Cars.com reported revenues of $183.9 million, up 1.9% year on year. This print met analysts’ expectations. Zooming out, it was a softer quarter as it produced a significant miss of analysts’ EBITDA estimates.
The company reported 19,544 active buyers, up 1.8% year on year. The stock is down 29.4% since reporting and currently trades at $7.59.
Read our full, actionable report on Cars.com here, it’s free.
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