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Aditya Sarawgi

What You Need To Know Ahead of eBay's Earnings Release

San Jose, California-based eBay Inc. (EBAY) operates marketplace platforms that connect buyers and sellers, enabling them to list, sell, and buy various products. With a market cap of $34.7 billion, eBay’s operations span the Americas, Europe, Asia, and internationally. The company is expected to unveil its second-quarter results on Wednesday, Jul. 30.

Ahead of the event, analysts expect eBay to deliver an EPS of $1.04, up 18..2% from $0.88 reported in the year-ago quarter. While the company has missed the Street’s bottom-line projections once over the past four quarters, it has surpassed or matched the estimates on three other occasions.

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One subscription that gives you access to news from hundreds of sites

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