eBay (EBAY) Reports In-Line Q4 EPS

eBay (NASDAQ: EBAY) reported Q4 EPS of $0.54, in-line with the analyst estimate of $0.54. Revenue for the quarter came in at $2.4 billion versus the consensus estimate of $2.4 billion.

"Q4 was a record quarter highlighted by solid performance in our eBay business. During the holiday season, eBay was one of the top consumer shopping destinations in the world and the second most visited eCommerce site in the U.S.," said Devin Wenig, President and CEO of eBay Inc. "In 2017, we intend to accelerate the progress that we made last year as we continue to execute our business strategy."

eBay provided the following guidance:

First quarter 2017 — The company expects net revenue between $2.17 billion and $2.21 billion, representing FX-Neutral growth of 4% - 6%, with non-GAAP earnings per diluted share from continuing operations in the range of $0.46 - $0.48 and GAAP earnings per diluted share from continuing operations in the range of $0.25 - $0.40. (*** the consensus is $2.21 billion and $0.50)

Full year 2017 — The company expects net revenue between $9.3 billion and $9.5 billion, representing FX-Neutral growth of 6% - 8%, with non-GAAP earnings per diluted share from continuing operations in the range of $1.98 - $2.03 and GAAP earnings per diluted share from continuing operations in the range of $1.20 - $1.40. (*** the consensus is $9.36 billion and $2.07).

For earnings history and earnings-related data on eBay (EBAY) click here.

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