Ebay Earnings Preview: Mixed Sentiment
25 Oktober 2021 - 04:49PM
TipRanks
The ecommerce industry has been on quite the ride over last few
quarters. The COVID-19 pandemic accelerated the shift toward a
digitized retail sector, and had no signs of slowing, until now.
Many ecommerce firms, and in particular Ebay Inc.
(EBAY) are up against tough comparisons from their
past earnings performances. The online marketplace is
expected to report its Q3 earnings results after market close
on Wednesday, October 27. In its previous report for
Q2, the company printed strong results across the board, surprising
on its earnings per share (EPS) by 2.17%. During that
report, the company had announced an increase
to its robust share repurchasing
program, and also announced a sale of the majority of its
Korean business.
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