eBay Inc. (EBAY) announced a profit for third quarter that dropped from last year.
The company's profit came in at $283 million, or $0.43 per share. This compares with $605 million, or $0.86 per share, in last year's third quarter.
Excluding items, eBay Inc. reported adjusted earnings of $591 million or $0.90 per share for the period.
Analysts had expected the company to earn $0.89 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 10.6% to $2.50 billion from $2.26 billion last year.
eBay Inc. earnings at a glance:
-Earnings (Q3): $591 Mln. vs. $584 Mln. last year.-EPS (Q3): $0.90 vs. $0.82 last year.-Analysts Estimate: $0.89 -Revenue (Q3): $2.50 Bln vs. $2.26 Bln last year.
-Guidance:Next quarter EPS guidance: $0.97 - $1.01Next quarter revenue guidance: $2.57 - $2.62 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.