Key Takeaways
- Shares of eBay jumped Thursday as the company’s quarterly results and outlook exceeded expectations.
- The auction site operator’s stock has been the best-performing S&P 500 component Thursday.
- EBay’s revenue, adjusted earnings, and gross merchandise volume all came in ahead of the Wall Street consensus, according to Visible Alpha.
Shares of eBay (EBAY) soared Thursday as the online auction-site operator posted better-than-expected quarterly revenue and profit and issued a strong outlook.
The stock traded 19% higher in recent trading, leading all companies on the S&P 500. Shares of eBay have surged nearly 50% in 2025.
Revenue for eBay‘s second quarter came in at $2.73 billion, up 6% year-over-year and above the analyst consensus from Visible Alpha. Adjusted earnings rose to $643 million, or $1.37 per share, from $602 million, or $1.19 per share a year earlier.
EBay’s gross merchandise volume rose 6% to $19.5 billion in the period, also topping estimates.
Looking ahead, eBay said it expects third-quarter revenue of $2.69 billion to $2.74 billion and adjusted EPS in the range of $1.29 to $1.34. Wall Street had called for $2.66 billion in revenue and EPS of $1.30.
