Read more
3:20 PM · 29 October 2020

EBay shares fall despite good quarter results

eBay
Stocks
EBAY.US, eBay Inc
-
-
EBay (EBAY.US) earned 85 cents per share for its latest quarter, up from 53 cents a year ago. Meanwhile analysts' expected earnings of 77 cents per share. Revenue of $2.61 billion also beat market estimates of $2.48 billion. “Our third-quarter performance reflects the strength of our newly focused strategy coupled with the enormous untapped potential of our marketplace,” Chief Executive Jamie Iannone said in a statement. However stock dropped 9% after company reported only 183 million active buyers during the quarter, about 3 million below projections. For the fourth quarter, eBay anticipates $2.64 billion to $2.71 billion in revenue and 78 cents to 84 cents in adjusted EPS. Analysts had been expecting $2.54 billion in revenue and 76 cents in EPS.
EBay (EBAY.US) stock launched today's session with a bearish price gap. Buyers tried to push higher but resistance located at $50.00 turned out to be too strong and price pulled back. If the current sentiment persists, then support at $47.25 could be at risk. Source: xStation5
26 December 2025, 2:54 PM

US OPEN: US500 tests record highs as technology sector leads gains

24 December 2025, 11:00 AM

DE40: Regulatory and diplomatic escalations amid holidays

23 December 2025, 5:12 PM

Novo Nordisk - There Were Risks, Now It's Time for Opportunities.

22 December 2025, 2:46 PM

US OPEN: Renewed optimism at the beginning of the week

Join over 2 000 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits