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eBay Earnings, Revenue Beat in Q4

eBay Earnings, Revenue Beat in Q4

Investing.com - eBay reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.

eBay announced earnings per share of $0.81 on revenue of $2.82B. Analysts polled by Investing.com forecast EPS of $0.76 on revenue of $2.81B. That compared with EPS of $0.71 on revenue of $2.88B in the same period a year earlier.eBay had announced EPS of $0.67 on revenue of $2.65B in the prior quarter.Analysts are expecting EPS of $0.71 and revenue of $2.64B in the next quarter.

eBay share's are up 0.28% for the year to date and is trading at $35.55 , still down 13.79% from its 52 week high of $42.00 set on July 18, 2019.

eBay shares lost 1.82% to trade at $35.55 in after-hours trade following the report.

eBay (NASDAQ:EBAY) follows other major Services sector earnings this month

eBay's report follows an earnings beat by Comcast on Thursday, who reported EPS of $0.79 on revenue of $28.4B, was in comparison with expected EPS of $0.77 on revenue of $28.17B.

Netflix had beat expectations on January 21 with fourth quarter EPS of $1.3 on revenue of $5.47B, compared with forecast for EPS of $0.52 on revenue of $5.45B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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