Earnings for eBay Inc (EBAY) Arrive With No Surprises

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HFA Staff
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eBay Inc (NASDAQ:EBAY) reported its earnings for the three months ended 30 June 2013 after the market closed on Wednesday July 17. The company showed earnings per share of $0.63 for the three months period on revenue totaling $3.87 billion. On today’s market, stock in the company trended upward and finished the day at $57.38 per share. In anticipation of this earnings release, analysts were looking for earnings per share of 63 cents per share from eBay Inc (NASDAQ:EBAY). Revenue for the three months were expected to come in at $3.9 billion. In the same three months of 2012, eBay earned…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.