Investing.com – eBay (NASDAQ:) reported on Wednesday first quarter that beat analysts’ forecasts and income that topped expectations.

eBay introduced earnings per share of $1.05 on income of $2.48B. Analysts polled by Investing.com anticipated EPS of $1.03 on income of $2.46B.

eBay shares are down 18% from the start of the 12 months, nonetheless down 32.97% from its 52 week excessive of $81.19 set on October 22, 2021. They’re under-performing the Nasdaq which is down 17.13% from the beginning of the 12 months.

eBay shares misplaced 6.62% in after-hours commerce following the report.

eBay follows different main Client Discretionary sector earnings this month

eBay’s report follows an earnings missed by Amazon.com on April 28, who reported EPS of $-7.56 on income of $116.44B, in comparison with forecasts EPS of $8.35 on income of $116.45B.

Tesla had beat expectations on April 20 with first quarter EPS of $3.22 on income of $18.76B, in comparison with forecast for EPS of $2.26 on income of $17.87B.

Keep up-to-date on the entire upcoming earnings experiences by visiting Investing.com’s earnings calendar