eBay Shares Slide 8% on Weak Holiday Guidance Desp…
From Barchart: 2024-10-31 10:41:00
eBay reported Q3 earnings slightly beating expectations, with $1.19 EPS and $2.6 billion revenue, up 3% YoY. However, shares dropped 8% due to disappointing Q4 guidance – $1.17-$1.22 EPS and $2.53-$2.59 billion revenue, below estimates. GMV grew 2% to $18.3 billion, with ad revenue up 15% to $396 million, but concerns remain for the holiday season.
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