eBay Q3 2021 Earnings Report
Key Takeaways
eBay Inc. reported better-than-expected Q3 2021 results, with revenue of $2.5 billion, up 11% year-over-year, and GAAP EPS of $0.43 and Non-GAAP EPS of $0.90. The company returned $2.4 billion to shareholders, including $2.3 billion in share repurchases and $116 million in cash dividends.
Revenue was $2.5 billion, up 11% year-over-year.
Gross Merchandise Volume (GMV) was $19.5 billion, down 10% year-over-year.
GAAP net income from continuing operations was $283 million, or $0.43 per diluted share.
Non-GAAP net income from continuing operations was $591 million, or $0.90 per diluted share.
eBay
eBay
Forward Guidance
eBay is providing the following guidance for continuing operations for Q4 2021: Revenue between $2.57 - $2.62 billion and Diluted GAAP EPS between $0.72 - $0.76 and Diluted Non-GAAP EPS between $0.97 - $1.01.
Positive Outlook
- Revenue between $2.57 - $2.62 billion
- Organic FX-Neutral Y/Y Growth 3 - 5%
- Diluted GAAP EPS $0.72 - $0.76
- Diluted Non-GAAP EPS $0.97 - $1.01