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Investing.com - eBay reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
eBay announced earnings per share of $0.85 on revenue of $2.61B. Analysts polled by Investing.com EPS of $0.86 on revenue of $2.69B.
eBay 's are up 47% and is trading at $55.41 , still down 12.83% from its 52 week high of $61.05 set on Monday, July 13, 2020.
eBay shares gained 4.11% to trade at $55.41 in after-hours trade the report.
eBay follows other major Services sector earnings this month
eBay's report follows an earnings beat by Verizon on Wednesday, October 21, 2020, who reported EPS of $1.25 on revenue of $31.5B, EPS of $1.22 on revenue of $31.59B.
Netflix had missed expectations on Tuesday, October 20, 2020 with third quarter EPS of $1.74 on revenue of $6.44B, for EPS of $2.13 on revenue of $6.39B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar