eBay Stock Jumps After Hours: Why Auction Company Is Soaring After Earnings

Financial Performance - eBay reported second-quarter revenue of $2.73 billion, reflecting a 6% year-over-year increase and surpassing the Street consensus estimate of $2.64 billion [1][2] - The company achieved earnings per share of $1.37, exceeding the Street consensus estimate of $1.30 [1][2] Gross Merchandise Volume - Gross merchandise volume for the quarter was $19.5 billion, also up 6% year-over-year [2] Future Guidance - eBay is guiding for third-quarter revenue to be between $2.69 billion and $2.74 billion, compared to a Street consensus estimate of $2.65 billion [2] - The expected range for third-quarter adjusted earnings per share is $1.29 to $1.34, aligning closely with the Street estimate of $1.30 [3] Market Reaction - eBay's stock increased by 10.43% to $85.56 in after-hours trading, with a 52-week trading range of $53.74 to $83.53 [3]