eBay Earnings Beat Expectations at $0.01, Profit Surpasses Projections

According to the eBay (NASDAQ: EBAY) report, the earnings per share for the third quarter was $1.19, which is $0.01 better than analysts' expectations of $1.18. The reported profit for this quarter was set at $2.6 billion, while analyst expectations stood at $2.55 billion.

Guidance For the fourth quarter of 2024, eBay has projected earnings per share of $1.17-$1.22. Analysts had previously forecasted $1.22. eBay's projected profit for the fourth quarter of 2024 is set at $2.53 billion-$2.59 billion, compared to analyst expectations of $2.65 billion.

For the fourth quarter of 2024, eBay has established earnings per share of $4.80-$4.85. Analysts had previously estimated $4.83. eBay's guidance for the fiscal year 2024 profit is set at $10.23 billion-$10.29 billion, while analysts had forecasted $10.32 billion.

eBay's stock closed the day at $62.63, reflecting an increase of 11.44% over the past three months. Over the last 12 months, the stock has gained 59.65%.

In the past 90 days, eBay has seen 20 positive earnings per share reports and 3 negative ones.

Explore how eBay's stock price has reacted to past earnings reports. According to InvestingPro, eBay's financial health rating is "Quite Good."

Review the latest earnings reports and the company's complete financial information. Stay updated on all developments related to balance sheets by visiting the Investing.com Earnings Calendar.