Ebay's Q3 results will be of more interest to stockholders than auction buyers and sellers. That said, it's something that sellers on the site should at least know the basic details of.
EBay Inc. is will likely post an earnings decline after today's closing bell, but some expect it to show improvement in it's core marketplace.
Expected is an announcement that it will be the first year-over-year revenue growth in 12 months for eBay.
GMV or Gross Merchndise Value is expected to see a decline of between 5%-10% for the quarter, GMV was down 10% in the second quarter.
More at Marketwatch:
Although hurting from recent policy changes, and an economic downturn, the company remains strongly in the of regarding Online sales of collectible, closeout and new items with Amazon in second place.
Stay tuned to see whether or not the actual market predictions come to fruition, as eBay.
What I'm up to:
Things move fast in the auction world, those in the know make more $. Stay informed w/ my newsletter. No spam. I promise. Sign up below for Auctionwally's Sunday News.
Newsletter sign up, win collectibles, no spam