Investing.com - eBay reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
eBay announced earnings per share of $1.05 on revenue of $2.48B. Analysts polled by Investing.com EPS of $1.03 on revenue of $2.46B.
eBay 's are down 18% and is trading at $50.82 , still down 32.97% from its 52 week high of $81.19 set on Friday, October 22, 2021.
eBay shares lost 6.62% to trade at $50.82 in after-hours trade the report.
eBay follows other major Consumer Discretionary sector earnings this month
eBay's report follows an earnings missed by Amazon.com on Thursday, April 28, 2022, who reported EPS of $-7.56 on revenue of $116.44B, EPS of $8.35 on revenue of $116.45B.
Tesla had beat expectations on Wednesday, April 20, 2022 with first quarter EPS of $3.22 on revenue of $18.76B, for EPS of $2.26 on revenue of $17.87B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar