eBay Q2 2024 Adj EPS $1.18 Beats $1.13 Estimate, Sales $2.60B Beat $2.53B Estimate
Portfolio Pulse from Benzinga Newsdesk
eBay (NASDAQ:EBAY) reported Q2 2024 adjusted earnings per share (EPS) of $1.18, surpassing the analyst consensus estimate of $1.13. The company also reported quarterly sales of $2.60 billion, exceeding the estimate of $2.53 billion. This represents a 2.36% increase over the same period last year.
July 31, 2024 | 8:07 pm
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eBay reported Q2 2024 adjusted EPS of $1.18, beating the estimate of $1.13. Quarterly sales were $2.60 billion, exceeding the $2.53 billion estimate and showing a 2.36% YoY increase.
eBay's better-than-expected earnings and revenue figures are likely to positively impact its stock price in the short term. Beating both EPS and sales estimates indicates strong performance and could boost investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100