eBay Inc Shares Jump On Earnings Beat, AT&T Inc. Shares Little Changed

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eBay Inc Shares Jump On Earnings Beat, AT&T Inc. Shares Little Changed

eBay and AT&T released their latest earnings reports after closing bell tonight. eBay reported non-GAAP earnings of 54 cents per share on $2.4 billion in sales, compared to the analyst estimates of 53 cents per share in earnings and $2.4 billion in revenue. In the previous year’s fourth quarter, the company reported adjusted earnings of 50 cents per share and $2.3 billion in revenue.

AT&T posted adjusted earnings of 66 cents per share on $41.8 billion in revenue, while the Street was looking for 66 cents per share in earnings and $42.04 billion in revenue. In the same quarter a year ago, the mobile carrier and internet service provider reported 63 cents per share in adjusted earnings and $42.12 billion in revenue.

eBay shares jump on strong results

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