05:07 PM EDT, 10/30/2024 (MT Newswires) -- EBay ( EBAY ) reported Q3 non-GAAP earnings late Wednesday of $1.19 per diluted share, up from $1.03 a year earlier.

Analysts polled by Capital IQ expected $1.18.

Revenue for the quarter ended Sept. 30 rose to $2.58 billion from $2.5 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.55 billion.

For Q4, the company expects non-GAAP EPS of $1.17 to $1.22 on revenue of $2.53 billion to $2.59 billion. Analysts surveyed by Capital IQ expect $1.22 and $2.65 billion, respectively.

For 2024, eBay ( EBAY ) said it projects non-GAAP EPS of $4.80 to $4.85 on revenue of $10.23 billion to $10.29 billion. Analysts surveyed by Capital IQ expect $4.83 and $10.32 billion, respectively.

The company's shares were down 7.4% in after-hours activity.

Price: 58.01, Change: -4.62, Percent Change: -7.38