© Reuters. eBay Earnings, Revenue Beat in Q4
eBay announced earnings per share of $0.86 on revenue of $2.87B. Analysts polled by Investing.com anticipated EPS of $0.8296 on revenue of $2.7B.
eBay shares are up 15% from the beginning of the year, still down 4.95% from its 52 week high of $61.05 set on July 13, 2020. They are outperforming the Nasdaq 100 which is up 3.99% from the start of the year.
eBay shares gained 8.98% in after-hours trade following the report.
eBay follows other major Services sector earnings this month
eBay's report follows an earnings beat by Amazon.com on Tuesday, who reported EPS of $14.09 on revenue of $125.56B, compared to forecasts EPS of $7.16 on revenue of $119.68B.
Alibaba ADR had beat expectations on Tuesday with third quarter EPS of $22.03 on revenue of $221.08B, compared to forecast for EPS of $20.59 on revenue of $214.17B.
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