• Company News: eBay (EBAY) posts mixed quarterly results

Market news

12 August 2021

Company News: eBay (EBAY) posts mixed quarterly results

eBay (EBAY) reported Q2 FY 2021 earnings of $0.99 per share (versus $1.08 per share in Q2 FY 2020), beating analysts’ consensus estimate of $0.95 per share.

The company’s quarterly revenues amounted to $2.700 bln (+15.5% y/y), missing analysts’ consensus estimate of $2.857 bln.

The company also guided Q3 FY 2021 EPS in line with analysts’ consensus estimate, and revenues below analysts’ consensus estimate.

EBAY fell to $66.93 (-1.60%) in pre-market trading.

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