eBay's Earnings a Mixed Bag
NEW YORK (
) -- Giving one of the first glimpses into how the consumer space performed during the fourth quarter,
eBay
(EBAY) - Get Report
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.
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