Investing.com - eBay (NASDAQ:EBAY) reported on Wednesday first quarter earnings 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 and are trading at $51.24 , down-from-52-week-high.They are under-performing the S&P 500 which is down 9.79% from the start of the year.
eBay shares lost 5.84% in after-hours trade the report.
eBay follows other major Consumer Discretionary sector earnings this month
eBay's report follows an earnings missed by Amazon.com on Thursday, April 28, 2022, 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 Wednesday, April 20, 2022 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