Compared to Estimates, eBay (EBAY) Q3 Earnings: A Look at Key Metrics

Core Insights - eBay reported revenue of $2.58 billion for the quarter ended September 2024, reflecting a 3% increase year-over-year and a surprise of +1.09% over the Zacks Consensus Estimate of $2.55 billion [1] - Earnings per share (EPS) for the quarter was $1.19, up from $1.03 in the same quarter last year, with an EPS surprise of +0.85% compared to the consensus estimate of $1.18 [1] Financial Performance Metrics - Gross merchandise volume (GMV) reached $18.31 billion, exceeding the six-analyst average estimate of $18.14 billion [3] - International GMV was $9.57 billion, surpassing the average estimate of $9.33 billion from five analysts [3] - US GMV stood at $8.74 billion, slightly above the average estimate of $8.72 billion from five analysts [3] - Active buyers totaled 133 million, compared to the average estimate of 132.36 million based on five analysts [3] Stock Performance - eBay's shares have declined by -4.7% over the past month, while the Zacks S&P 500 composite has increased by +1.8% [4] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [4]