eBay Inc. Reports Better Than Expected Second Quarter 2021 Results
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August 12, 2021 7:45 AM EDT
Shares of eBay (NASDAQ: EBAY) are down over 1.5% in early Wednesday trading after the company reported its Q2 results.
eBay reported EPS of $0.99 per share to top the $0.95 expected from the market analysts. However, sales were reported at $2.7 billion, lower than the consensus estimate of $3 billion.
In Q2, on an apples-to-apples basis, all key business metrics met or exceeded expectations and revenue growth was driven by the acceleration in our payments migration and growth in advertising," said Jamie Iannone, Chief Executive Officer at eBay.
"During the quarter, we hit several... More
August 11, 2021 4:07 PM EDT
eBay (NASDAQ: EBAY) reported Q2 EPS of $0.99, $0.04 better than the analyst estimate of $0.95. Revenue for the quarter came in at $2.7 billion versus the consensus estimate of $3 billion.
GUIDANCE:
eBay sees Q3 2021 EPS of $0.86-$0.90, versus the consensus of $0.90. eBay sees Q3... More
