eBay, a big online shopping site, recently announced its financial results. While they made more money than expected last quarter, their predictions for the next quarter were a little lower than analysts thought. This caused their stock price to drop.
- eBay's sales were slightly better than expected.
- Their predictions for the next few months are less optimistic.
- Experts think that world economic challenges and possible new taxes are impacting their outlook.
Fact | Number |
---|---|
Last Quarter's Earnings per share | $1.25 |
Last Quarter's Sales (in billions) | $2.58 |
Stock price drop after announcement (%) | >7% |
Current Stock Price | $63.74 |