Investing.com - eBay reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
eBay announced earnings per share of $0.99 on revenue of $2.42B. Analysts polled by Investing.com EPS of $0.8899 on revenue of $2.37B.
eBay 's are down 24% and is trading at $52.87 , still down 37.82% from its 52 week high of $81.19 set on Friday, October 22, 2021.
eBay shares gained 4.73% to trade at $52.87 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, July 28, 2022, who reported EPS of $-0.2 on revenue of $121.23B, EPS of $0.1199 on revenue of $119B.
Tesla had beat expectations on Wednesday, July 20, 2022 with second quarter EPS of $2.27 on revenue of $16.93B, for EPS of $1.81 on revenue of $16.54B.
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