eBay Q2 Adj EPS $1.03 Beats $0.99 Estimate, Sales $2.54B Beat $2.51B Estimate
Portfolio Pulse from Benzinga Newsdesk
eBay reported Q2 adjusted earnings of $1.03 per share, beating the analyst consensus estimate of $0.99 by 4.04%. The company's quarterly sales were $2.54 billion, surpassing the analyst consensus estimate of $2.51 billion by 1.20%. Both earnings and sales showed an increase compared to the same period last year.
July 26, 2023 | 8:06 pm
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POSITIVE IMPACT
eBay's Q2 earnings and sales exceeded analyst estimates, which could positively impact the company's stock in the short term.
eBay's Q2 earnings and sales have surpassed analyst estimates, which is generally seen as a positive signal by the market. This could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100