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Shares of the online marketplace operator jumped more than 5% to a record high following an earnings beat. EBay reported an earnings per share of 86 cents, 3 cents higher than analysts’ expectations according to Refinitiv. The company also increased its quarterly dividend by 13% and added $4 billion to its share buyback program.
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Shares of the online marketplace operator jumped more than 5% to a record high following an earnings beat. EBay reported an earnings per share of 86 cents, 3 cents higher than analysts’ expectations according to Refinitiv. The company also increased its quarterly dividend by 13% and added $4 billion to its share buyback program.
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Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%7Cpodcast
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