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eBay (EBAY) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

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For the quarter ended September 2026, eBay (EBAY - Free Report) reported revenue of $3.21 billion, up 13.7% over the same period last year. EPS came in at $1.51, compared to $1.36 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $3.12 billion, representing a surprise of +2.85%. The company delivered an EPS surprise of +5.59%, with the consensus EPS estimate being $1.43.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how eBay performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Take rate: 13.8% versus 13.8% estimated by four analysts on average.
  • Gross Merchandise Volume - Total: $23.17 billion versus the four-analyst average estimate of $22.33 billion.
  • Gross Merchandise Volume - International: $10.62 billion versus the four-analyst average estimate of $10.7 billion.
  • Gross Merchandise Volume - U.S.: $12.55 billion compared to the $11.64 billion average estimate based on four analysts.
  • Active Buyers: 147 million versus the four-analyst average estimate of 136.73 million.
  • Net revenues- Advertising: $607 million compared to the $614.38 million average estimate based on four analysts.
  • Net revenues- Marketplace: $2.6 billion versus $2.49 billion estimated by three analysts on average.

View all Key Company Metrics for eBay here>>>

Shares of eBay have returned +14.5% over the past month versus the Zacks S&P 500 composite's +0.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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