eBay (EBAY) Reports In-Line Q4 EPS; Issues Light Q2 Outlook
eBay (NASDAQ: EBAY) reported Q4 EPS of $0.50, in-line with the analyst estimate of $0.50. Revenue for the quarter came in at $2.3 billion versus the consensus estimate of $2.32 billion.
GUIDANCE:
eBay sees FY2016 EPS of $1.82-$1.87, versus the consensus of $1.83. eBay sees FY2016 revenue of $8.5-8.8 billion, versus the consensus of $8.59 billion.
First quarter 2016 — The company expects net revenue between $2.05 billion and $2.10 billion, representing FX-Neutral growth of 3% - 5%, with non-GAAP earnings per diluted share from continuing operations in the range of $0.43 - $0.45 and GAAP earnings per diluted share from continuing operations in the range of $0.37 - $0.39.
*** Consensus estimates call for Q1 revenue of $2.2 billion and EPS of $0.48.
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