Investing.com - eBay (NASDAQ:EBAY) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
eBay announced earnings per share of $0.9 on revenue of $2.50B. Analysts polled by Investing.com anticipated EPS of $0.8856 on revenue of $2.45B.
eBay shares are up 54% from the beginning of the year and are trading at $74.31 , down-from-52-week-high.They are outperforming the S&P 500 which is up 21.22% from the start of the year.
eBay shares lost 4.30% in after-hours trade the report.
eBay follows other major Services sector earnings this month
eBay's report follows an earnings beat by Visa A on Tuesday, who reported EPS of $1.62 on revenue of $6.56B, compared to forecasts EPS of $1.55 on revenue of $6.52B.
Netflix had beat expectations on Tuesday, October 19, 2021 with third quarter EPS of $3.19 on revenue of $7.48B, compared to forecast for EPS of $2.57 on revenue of $7.48B.
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