Categories AlphaGraphs, Earnings, Retail

eBay Earnings: Q2 revenue up 14%; profit beats estimates

E-commerce giant eBay Inc. (NASDAQ: EBAY) on Wednesday reported flat earnings for the second quarter of 2021 when revenues increased in double digits. The top-line came in below the market’s predictions, while earnings beat.

eBay Q2 2021 earnings infographic

Net income from continuing operations was $294 million or $0.43 per share in the June quarter, compared to $689 million or $0.97 per share in the same period of last year. Adjusted earnings from continuing operations remained unchanged year-over-year at $0.99 per share but topped expectations.

At $2.67 billion, revenues were up 14% from the year-ago quarter. Market watchers were looking for faster topline growth. There was a 5% increase in the number of annual active buyers.

Read analysts/managements’ comments on eBay’s Q2 earnings

eBay’s stock closed Wednesday’s regular trading higher but declined during the extended session, soon after the announcement.

Prior Performance

  • eBay reports Q2 2020 earnings results

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Should investors worry about Micron’s (MU) weak Q4 results and guidance?

The semiconductor industry is a rapidly growing business segment that currently thrives on the digital transformation wave. The demand for memory chips and other semiconductor products increased over the years,

What has Bed Bath & Beyond (BBBY) outlined for this fiscal year?

Shares of Bed Bath & Beyond (NASDAQ: BBBY) were up on Friday, a day after the company delivered disappointing results for the second quarter of 2022. The company reported a

NKE Earnings: Highlights of Nike’s Q1 2023 results

Nike, Inc. (NYSE: NKE) has reported a decrease in net profit for the first quarter of 2023, despite a modest increase in revenues. The company's stock suffered a big loss

Add Comment
Viewing Highlight