eBay's Stock Falls After Delivering Weak Outlook For Earnings
Oct 17, 2013, 01:46 IST
eBay's just released earnings, and the stock is down following a weaker than expected outlook for the fourth quarter.
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This quarter was right in line, but the stock fell as much as 5% on the guidance.
Here are the key numbers:
- Q3 Revenue is $3.9 billion versus expectations of $3.9 billion.
- Q3 EPS is $0.64 versus expectations of $0.63.
- Q4 EPS guidance is $0.79-$0.81 versus expectations of $0.83.
- Q4 Revenue guidance $4.5-$4.6 billion versus expectations of $4.64 billion.