Stubhub Holdings, Inc raises annual GMS guidance despite third-quarter earnings miss
STUB Stubhub Holdings Inc
$5.05 -9.50%
View chart & analysis → - 1Stubhub Holdings, Inc's third-quarter adjusted earnings per share of $0.05 fell below the analyst consensus estimate of $0.08.
- 2Stubhub Holdings, Inc's third-quarter revenue of $502 million recorded a 7% year-over-year increase.
- 3Stubhub Holdings, Inc raised its annual Gross Merchandise Sales (GMS) guidance to a range of $10.375 billion from $10.175 billion.
So what's the key point?
Stubhub Holdings, Inc's third-quarter profits were lower than what experts expected. However, the expected total amount of transactions for the year has increased to $10.375 billion.
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