logo
Plus   Neg
Share
Email

eBay Inc. Q1 adjusted earnings Inline With Estimates

eBay Inc. (EBAY) revealed earnings for first quarter that decreased from the same period last year.

The company's earnings came in at $407 million, or $0.40 per share. This compares with $1035 million, or $0.94 per share, in last year's first quarter.

Excluding items, eBay Inc. reported adjusted earnings of $548 million or $0.53 per share for the period.

Analysts had expected the company to earn $0.53 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 12.2% to $2.58 billion from $2.30 billion last year.

eBay Inc. earnings at a glance:

-Earnings (Q1): $548 Mln. vs. $538 Mln. last year.
-EPS (Q1): $0.53 vs. $0.49 last year.
-Analysts Estimate: $0.53
-Revenue (Q1): $2.58 Bln vs. $2.30 Bln last year.

-Guidance:
Next quarter EPS guidance: $0.50 - $0.52
Next quarter revenue guidance: $2.64 - $2.68 Bln
Full year EPS guidance: $2.25 - $2.30
Full year revenue guidance: $10.9 - $11.1 Bln

For comments and feedback contact: editorial@rttnews.com

Follow RTT