Moody's Sees Risk with eBay's (EBAY) Buyback Authorization

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eBay, Inc. (EBAY) Tops Q4 EPS by 1c; Icahn Nominates Two to Board, Proposes PayPal Spin

January 22, 2014 4:16 PM EST

(Updated - January 22, 2014 4:16 PM EST)

eBay, Inc. (Nasdaq: EBAY) reported Q4 EPS of $0.81, $0.01 better than the analyst estimate of $0.80. Revenue for the quarter came in at $4.5 billion versus the consensus estimate of $4.56 billion.

The company approved a $5 billion buyback plan.

PayPal delivered a strong fourth quarter performance with accelerating momentum in its merchant services business. Revenue increased 19% in both the quarter and the full year, resulting in $6.6 billion in 2013. PayPal gained 5.2 million active registered accounts in the quarter and ended the year with 143 million, a 16% increase. PayPal's net total payment volume... More