EBay: Q3 Earnings Snapshot
By AP News
Published - Oct 30, 2024, 04:19 PM ET
Last Updated - Dec 16, 2024, 05:49 PM EST
SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — EBay Inc. (EBAY) on Wednesday reported third-quarter earnings of $634 million.
On a per-share basis, the San Jose, California-based company said it had net income of $1.29. Earnings, adjusted for one-time gains and costs, were $1.19 per share.
The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.18 per share.
The e-commerce company posted revenue of $2.58 billion in the period, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $2.55 billion.
