Shares of eBay Inc. (NASDAQ: EBAY) stayed purple on Wednesday. The inventory has gained 15% over the previous three months. The ecommerce firm is scheduled to report its earnings outcomes for the third quarter of 2025 on Wednesday, October 29, after market shut. Right here’s a have a look at what to anticipate from the earnings report:
Income
eBay has guided for income of $2.69-2.74 billion for the third quarter of 2025, representing an FX-neutral year-over-year progress of 3-5%. Analysts are projecting income of $2.73 billion, which might symbolize a progress of practically 6% from the identical interval a 12 months in the past. Within the second quarter of 2025, income elevated 6% YoY to $2.73 billion.
Earnings
eBay has guided for GAAP earnings per share to be $0.97-1.02 and adjusted EPS to be $1.29-1.34 in Q3 2025. Analysts are predicting EPS of $1.33, which compares to adjusted EPS of $1.19 reported in Q3 2024. In Q2 2025, adjusted EPS elevated 16% YoY to $1.37.
Factors to notice
eBay expects gross merchandise quantity (GMV) to vary between $19.2-19.6 billion in Q3 2025, representing FX-neutral YoY progress of 3-5%. In Q2, GMV grew 4% YoY on an FX-neutral foundation to $19.5 billion.
Focus classes are anticipated to proceed their momentum, led by collectibles, luxurious, and attire. In Q2, focus class GMV grew over 10% with broad-based progress throughout all classes. Collectibles is a significant contributor, with explicit power in buying and selling playing cards. The corporate has undertaken a number of initiatives corresponding to enhancing its grading options and increasing its choices for collectors of Hollywood and popular culture memorabilia. These efforts are more likely to enhance progress on this class.
eBay’s geo-specific initiatives, particularly its UK C2C initiative, is making good progress. The corporate’s efforts in reducing prices, rising comfort, and providing higher transparency and safety are serving to to drive progress on this space.
Final month, the corporate introduced plans to amass Tise, a Norway-based C2C social market. This deal is anticipated to strengthen eBay’s place in C2C by offering entry to a big group of Gen Z and millennial shoppers, and enhancing the purchasing expertise by way of group engagement options corresponding to likes, feedback and personalised suggestions.
eBay is anticipated to see continued momentum in its promoting enterprise. Its partnership with Klarna in addition to its eBay Stability function within the UK are all gaining traction and the advantages are more likely to be mirrored within the third quarter efficiency.
