eBay Inc. (EBAY) revealed earnings for its first quarter that climbed from the same period last year.
The company's profit totaled $569 million, or $0.82 per share. This compares with $431 million, or $0.57 per share, in last year's first quarter.
Excluding items, eBay Inc. reported adjusted earnings of $758 million or $1.09 per share for the period.
Analysts had expected the company to earn $1.07 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 41.8% to $3.02 billion from $2.13 billion last year.
eBay Inc. earnings at a glance:
-Earnings (Q1): $758 Mln. vs. $522 Mln. last year.-EPS (Q1): $1.09 vs. $0.69 last year.-Analysts Estimate: $1.07-Revenue (Q1): $3.02 Bln vs. $2.13 Bln last year.
-Guidance:Next quarter EPS guidance: $0.91 - $0.96Next quarter revenue guidance: $2.98 - $3.03 Bln
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.