eBay Earned 69 Cents Per Share for Q2

For Q2, eBay ($EBAY) earned 69 cents per share which beat estimates by a penny per share. Quarterly revenue rose 13% to $4.37 billion. The stock initially dropped after-hours, but now seems to be up a bit.

For Q3, eBay expects earnings between 65 and 67 cents per share, and revenue between $4.3 billion and $4.4 billion. Wall Street had been expecting 70 cents per share on $4.42 billion.

For the full year, eBay reiterated their guidance of $2.95 to $3.00 per share. They lowered the top-end of their revenue guidance to $18.3 billion from $18.5 billion. The low-end is still $18 billion.

Posted by on July 16th, 2014 at 4:30 pm


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