eBay Revenue, Investing.com First Quarter Revenue Exceeded

© Reuters. eBay revenue, first quarter revenue

Investing.com – eBay (NASDAQ 🙂 reported Wednesday that analysts’ forecasts and sales exceeded expectations.

eBay announced earnings per share of $ 1.09 on sales of $ 3.02 billion. Analysts polled by Investing.com expected earnings per share of $ 1.08 on sales of $ 2.97 billion.

eBay stocks are up 41% year-to-date, down 4.25% after hitting a 52-week high of $ 65.11 on April 19. They outperform the S&P 500, which is up 11.41% year-to-date.

eBay stocks lost 5.68% in over-the-counter trading, according to the report.

eBay follows other major revenues in the service sector this month

EBay’s report follows a jump in earnings for Visa A on Tuesday, which reported earnings per share of $ 1.38 on sales of $ 5.73 billion, compared with earnings per share of $ 1.27 on sales of $ 5.56 billion.

Verizon exceeded expectations on April 21 with earnings per share of $ 1.31 on revenue of $ 32.9 billion for the first quarter, compared to a forecast for earnings per share of $ 1.29 on revenue of $ 32.46 billion.

Stay up to date on all upcoming earnings reports by visiting Investing.com’s earnings calendar

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