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Shares of eBay (NASDAQ:EBAY) fell 4.7% in after-market trading after the company reported Q2 results.
Quarterly Results
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Earnings per share rose 58.82% over the past year to $1.08, which beat the estimate of $1.06.
Revenue of $2,865,000,000 higher by 6.62% from the same period last year, which beat the estimate of $2,800,000,000.
Guidance
eBay hasn't issued any earnings guidance for the time being.
eBay hasn't issued any revenue guidance for the time being.
Details Of The Call
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Date: Jul 28, 2020
Time: 05:00 PM
Recent Stock Performance
52-week high: $61.06
52-week low: $26.02
Price action over last quarter: Up 42.98%
Company Overview
With almost $86 billion in marketplace gross merchandise volume generated in 2019, eBay's Marketplace facilitated more than 2% of the $3.5 trillion global online commerce market (using eMarketer estimates). EBay's strategic priorities include revitalizing its Marketplace platform by emphasizing its unique product assortment and value proposition, improving the seller and buyer experience, utilizing structured data/artificial intelligence for listing searches, promoted listing advertising, and improving its mobile commerce capabilities. EBay partnered with Netherlands-based Adyen for payment intermediation beginning in 2018.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.