NEW YORK (TheStreet) — Shares of eBay are down sharply this morning, off 6.4% to $53.69 in pre-market trading after the online auctioneer posted weak third-quarter guidance. The San Jose-based Internet retailer said it expects third-quarter sales to fall in a range of $3.85 billion to $3.95 billion, a below …
Read More »eBay Hits Estimates, But GAAP Results Lag Last Year's
Just the facts, Fool. More: continued here
Read More »UPDATE 2-EBay drops on economic ‘headwinds’ in Europe, Korea – Reuters
UPDATE 2-EBay drops on economic 'headwinds' in Europe, KoreaReutersJuly 17 (Reuters) – EBay Inc reported solid second-quarter results on Wednesday but Chief Executive John Donahoe warned of economic "headwinds" in the second half of the year from Europe and Korea. Those comments, and weaker-than-expected … More: continued here
Read More »eBay’s Profit Jumps 13%, But Weak Guidance Sparks Massive Sell Off – Forbes
eBay's Profit Jumps 13%, But Weak Guidance Sparks Massive Sell OffForbesIt wasn't a good afternoon for tech companies, and eBay exemplified the rout. The global e-commerce and payments company hit profit estimates but missed on guidance, sending the stock tanking more than 6% in post-market trading. eBay's second quarter … More: …
Read More »EBay’s Revenue Forecast Misses as Growth in Europe, Korea Slows – Businessweek
EBay's Revenue Forecast Misses as Growth in Europe, Korea SlowsBusinessweekEBay Inc. (EBAY:US) issued a revenue forecast for the current quarter that missed analysts' estimates as economic weakness in Europe and Asia restricts growth for the online marketplace and payments provider. Third-quarter sales will be $3.85 billion … More: continued here
Read More »eBay hits Q2 2013 earnings with revenues of $3.9B and $0.63 EPS fueled by … – The Next Web
eBay hits Q2 2013 earnings with revenues of $3.9B and $0.63 EPS fueled by …The Next WebeBay announced today its Q2 2013 financial performance with revenues for the period of $3.9 billion and non-GAAP earnings per share of $0.63. Analysts had predicted that the online auction marketplace company would bring …
Read More »UPDATE 3-EBay drops on economic ‘headwinds’ in Europe, South Korea – Reuters
UPDATE 3-EBay drops on economic 'headwinds' in Europe, South KoreaReutersJuly 17 (Reuters) – EBay Inc reported solid second-quarter results on Wednesday but Chief Executive John Donahoe warned of economic "headwinds" in the second half of the year from Europe and South Korea. Chief Financial Officer Bob Swan told analysts … More: …
Read More »eBay Q2: Good growth, but missed outlook – ZDNet
eBay Q2: Good growth, but missed outlookZDNeteBay chief executive and president John Donahoe said in prepared remarks: "We had a strong second quarter, with $51 billion of enabled commerce volume across Marketplaces, PayPal and eBay Enterprise driving double-digit revenue and earnings growth … More: continued here
Read More »EBay Reports 7.5% Profit Drop – Wall Street Journal (blog)
EBay Reports 7.5% Profit DropWall Street Journal (blog)EBay Inc. boosted revenue and padded its customer count in its second quarter, but the growth failed to impress some investors. While the commerce company reported another profitable period Wednesday, fueled by growth in its PayPal payments unit and … More: continued here
Read More »EBay 2nd-quarter profit slides as costs rise, but PayPal, e-commerce growth … – Fox News
EBay 2nd-quarter profit slides as costs rise, but PayPal, e-commerce growth …Fox NewsNEW YORK – A challenging overseas market is weighing on eBay's outlook for the second half of the year, sending shares lower in after-hours trading Wednesday even though the e-commerce bellwether's second-quarter results were roughly in line with … …
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