News Formal

EBay stock rallies more than 5% on quarterly earnings beat, increased guidance

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

EBay stock up 4% after earnings top estimates

Shares of EBay Inc. EBAY, +1.44% rose more than 5% in the extended session Tuesday after the company reported a first-quarter adjusted profit above Wall Street expectations and raised earnings and sales guidance for the year. EBay said it earned $521 million, or 57 cents a share, in the quarter, compared with $407 million, or 40 cents a share, in the year-ago quarter.

Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Honeywell's stock surges after earnings and sales beat, raised outlookShares of Honeywell International Inc. surged 1.9% in premarket trade Thursday, after the aerospace, building technologies and materials company reported...
Source: MarketWatch - 🏆 3. / 97 Read more »