Consumer News
eBay's Earnings a Mixed Bag
Stock quotes in this article:EBAY
NEW YORK (TheStreet) -- Giving one of the first glimpses into how the consumer space performed during the fourth quarter, eBay(EBAY) topped analysts' estimates after Wednesday's closing bell.
During the quarter, the online giant earned 60 cents per share on revenue of $3.4 billion. Wall Street was calling for a profit of 57 cents per share on revenue of $3.32 billion. There were some areas of softness, as its first-quarter revenue forecast and full-year EPS guidance fell short of consensus estimates. Gross merchandising volume was also a bit light during the quarter. The stock was last quoted at $31.24, up 4.1%, on after-hours volume of 2.3 million, according to Nasdaq.com. -Reported by Jeanine Poggi in New York. Follow TheStreet.com on Twitter and become a fan on Facebook.TheStreet Premium Services
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