eBay Q3 Adj $1.19 Beats $1.18 Estimate, Sales $2.58B Beat $2.54B Estimate
Portfolio Pulse from Benzinga Newsdesk
eBay reported Q3 earnings of $1.19 per share, surpassing the $1.18 estimate, and sales of $2.58 billion, exceeding the $2.54 billion estimate. This marks a 15.53% increase in earnings and a 3.04% increase in sales compared to the same period last year.
October 30, 2024 | 8:06 pm
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eBay's Q3 earnings and sales both exceeded analyst expectations, with earnings per share at $1.19 and sales at $2.58 billion. This performance represents significant year-over-year growth.
eBay's earnings and sales both exceeded expectations, which is typically a positive indicator for stock performance. The year-over-year growth in both earnings and sales further supports a positive outlook for the stock in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100