eBay Earnings, Revenue Beat In Q1 By Investing.com


© Reuters. eBay Earnings, Revenue Beat in Q1

Investing.com – eBay (NASDAQ 🙂 reported on Wednesday first quarter that beat analysts’ forecasts and revenue that topped expectations.

eBay announced earnings per share of $ 1.05 on revenue of $ 2.48B. Analysts polled by Investing.com anticipated EPS of $ 1.03 on revenue of $ 2.46B.

eBay shares are down 18% from the beginning of the year, still down 32.97% from its 52 week high of $ 81.19 set on October 22, 2021. They are under-performing the Nasdaq which is down 17.13% from the start of the year.

eBay shares lost 6.62% in after-hours trade following the report.

eBay follows other major Consumer Discretionary sector earnings this month

eBay’s report follows an earnings missed by Amazon.com on April 28, who reported EPS of $ -7.56 on revenue of $ 116.44B, compared to forecasts EPS of $ 8.35 on revenue of $ 116.45B.

Tesla had beat expectations on April 20 with first quarter EPS of $ 3.22 on revenue of $ 18.76B, compared to forecast for EPS of $ 2.26 on revenue of $ 17.87B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

© Reuters. eBay Earnings, Revenue Beat in Q1 Investing.com – eBay (NASDAQ 🙂 reported on Wednesday first quarter that beat analysts’ forecasts and revenue that topped expectations. eBay announced earnings per share of $ 1.05 on revenue of $ 2.48B. Analysts polled by Investing.com anticipated EPS of $ 1.03 on revenue of $ 2.46B. eBay…

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