EBay earnings & revenue beat estimates

Core Viewpoint - eBay's stock is experiencing a significant decline of approximately 9% following a mixed earnings report, raising concerns among investors about future profitability and margin pressures ahead of the holiday shopping season [1] Financial Performance - eBay reported earnings and revenue that exceeded estimates, indicating strong performance in those areas [1] - Despite beating earnings and revenue expectations, the company's profit forecast for the current quarter fell short of investor expectations [1] Market Reaction - Prior to the decline, eBay's stock had increased by about 61% year-to-date, but the current drop has adjusted this figure to approximately 44% year-to-date [1]