eBay stock rises following second-quarter earnings beat
eBay shares are moving higher after the company reported a Q2 earnings beat and maintained its quarterly dividend at $0.22 per share.
Video Transcript
SEANA SMITH: Let's take a look at eBay earnings out here, up just around 2.5%. A beat on the top and bottom line. Revenue coming in at $2.4 billion. The estimate was for $2.37 billion. Second quarter adjusted EPS, $0.99. $0.10 better than what the Street was looking for.
Also, eBay in line with expectations in terms of its 3Q adjusted EPS guidance. The company also maintaining its quarterly dividend at $0.22. Gross merchandise volume at 18.5 billion. Again, shares jumping after hours on that 2Q beat, with the stock up just over 2%