Tag Archives: ebay

EBay EPS Beats, But Is It Cash Cow, Cube Or Cougar?

EBay (EBAY) stock soared to a two-month high Thursday after the e-commerce company, in its first report without PayPal (PYPL), posted Q3 earnings above Wall Street expectations. Late Wednesday, the e-commerce giant also raised its earnings outlook for the current quarter. EBay stock was up 13%, near 27.50, in afternoon trading in the stock market today. The better-than-expected earnings were due in part to greater operating leverage and a lower

EBay, Absent PayPal, Posts Q3 Earnings Beat

EBay late Wednesday reported Q3 earnings that handily beat Wall Street expectations, presenting its first quarterly financial report since it split off PayPal into a separate company. Excluding PayPal (PYPL), eBay (EBAY) posted earnings per share minus items from continuing operations of 43 cents, down 6% from the year-earlier period but 3 cents better than the consensus estimate, as polled by Thomson Reuters. The e-commerce giant reported revenue