Company News: eBay (EBAY) quarterly results beat analysts’ estimates

Market news

31 October 2018

Company News: eBay (EBAY) quarterly results beat analysts’ estimates

eBay (EBAY) reported Q3 FY 2018 earnings of $0.56 per share (versus $0.48 in Q3 FY 2017), beating analysts’ consensus estimate of $0.54.

The company’s quarterly revenues amounted to $2.649 bln (+6% y/y), generally in line with analysts’ consensus estimate of $2.650 bln.

EBAY rose to $29.49 (+7.55%) in pre-market trading.

U.S.: ADP Employment Report, October 227 (forecast 189)

Italian consumer price index was stable on monthly basis and increased by 1.6% with respect to October 2017

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