eBay (EBAY) reported Q4 FY 2020 earnings of $0.86 per share (versus $0.81 per share in Q4 FY 2019), beating analysts’ consensus estimate of $0.83 per share.

The company’s quarterly revenues amounted to $2.868 bln (+28.3% y/y), beating analysts’ consensus estimate of $2.706 bln.

The company also issued upside guidance for Q1 FY 2021, projecting EPS of $1.03-1.08 versus analysts’ consensus estimate of $0.86 and revenues of $2.94-2.99 bln versus analysts’ consensus estimate of 2.54 bln.

In addition, eBay increased its quarterly dividend by 13% to $0.18 per share and expanded share repurchase authorization by an additional $4.0 bln.

EBAY rose to $63.73 (+9.80%) in pre-market trading.