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Investing.com - eBay (NASDAQ:EBAY) reported third quarter earnings that beat analyst's expectations on Tuesday and revenue that was inline with forecasts.
The firm reported earnings per share of $0.56 on revenue of $2.65B. Analysts polled by Investing.com anticipated EPS of $0.54 on revenue of $2.65B. That compared to EPS of $0.48 on revenue of $2.41B in the same period a year earlier. The company had reported EPS of $0.53 on revenue of $2.64B in the previous quarter.
For the year, eBay shares are down 27.34%, under-performing the Nasdaq 100 which is up 5.89% year to date.
eBay follows other major Services sector earnings this month
On Thursday, Amazon.com (NASDAQ:AMZN) reported third quarter EPS of $5.75 on revenue of $56.58B, compared to forecasts of EPS of $3.08 on revenue of $57.11B.
Visa (NYSE:V) earnings beat analyst's expectations on October 24, with fourth quarter EPS of $1.21 on revenue of $5.43B. Investing.com analysts expected EPS of $1.2 on revenue of $5.44B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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