Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nasdaq  >  EBay Inc    EBAY

EBAY INC (EBAY)

Delayed Quote. Delayed  - 08/26 10:00:00 pm
31.31 USD   -0.10%
08/26 EBAY : Completes the Acquisition of Ticket Utils
08/22 STUBHUB : Becomes Official Ticket Marketplace of Boston College Athl..
08/17 EBAY : Making Their Mark
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

eBay Inc : EBay 4th-Quarter Net Down 62% Following Skype Sale

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/16/2013 | 11:01pm CEST
   By Ben Fox Rubin 
 

EBay Inc.'s (EBAY) fourth-quarter income shrank 62% as a large gain last year from the Internet retailer's sale of Skype masked continued growth in its payments and marketplace segments.

For the new year, the company expects adjusted earnings of $2.70 to $2.75 a share on revenue of $16 billion to $16.5 billion. Analysts polled by Thomson Reuters most recently predicted $2.74 a share and $16.3 billion, respectively. For the first quarter, eBay expects adjusted earnings of 60 cents to 62 cents a share and revenue of $3.65 billion to $3.75 billion, below estimates of 63 cents and $3.8 billion.

EBay has also been able to rely on its fast-growing PayPal payment unit, which has been at the core of the company's broader effort to insert itself as a useful tool for other retailers, rather than as a rival to those firms.

The unit has expanded from an online payment service to a payment tool on mobile devices and at brick-and-mortar stores. But amid that strong growth, the company in October said it sought to reshape PayPal into "a single, more agile organization," as it unveiled plans to cut 2.5% of the unit's staff, or 325 jobs, and said PayPal would cut ties with about 120 contractors around the world.

The marketplaces segment--eBay's largest division--posted 16% higher revenue at $2.05 billion. Gross merchandise volume, which is the total value of goods sold on the website, grew 16%, excluding vehicle sales.

The payments segment, which includes PayPal and is on track to become eBay's largest business, saw revenue rise 24% to $1.54 billion.

Overall, eBay reported a profit of $751 million, or 57 cents a share, down from $1.98 billion, or $1.51 a share, a year earlier. The year-ago period included about $1.66 billion from the company's sale of Skype. Additionally, the company posted $31 million in restructuring charges in the latest quarter. Excluding gains from the Skype sale, stock-based compensation and other items, per-share earnings rose to 70 cents from 60 cents.

Net revenue improved 18% to $3.99 billion.

EBay in October forecast a per-share adjusted profit between 66 cents and 69 cents and $3.85 billion to $4 billion in revenue.

Gross margin was flat at 69.4%.

Shares closed Wednesday at $52.90 and were up 0.5% after hours. As of the close, the stock was up 9.7% over the past three months, as it has enjoyed a relatively consistent march upwards since early 2009.

Write to Ben Fox Rubin at ben.rubin@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on EBAY INC
08/26 EBAY : Completes the Acquisition of Ticket Utils
08/22 STUBHUB : Becomes Official Ticket Marketplace of Boston College Athletics
08/17 EBAY : Making Their Mark
08/11DJBILL MILLER : Bill Miller Parts Ways With Legg Mason
08/04 EBAY : Completes the Acquisition of Ticketbis
08/01DJPact With Visa Puts PayPal on Defensive -- WSJ
08/01DJPact With Visa Puts PayPal on Defensive
07/29 EBAY : Announces the Winners of Its First Annual SHINE Awards
07/29 EBAY : Partners with Designer Rachel Zoe to Culminate "Summer of Choice" and Sen..
07/29 EBAY : Partners With Designer Rachel Zoe to Culminate “Summer of Choice&rd..
More news
Sector news : E-commerce & Auction Services
08:49aDJFACEBOOK : Edits 'Trending' -- WSJ
08/26DJFACEBOOK : Scaling Back Human Intervention of 'Trending' Feature
08/26 FACEBOOK : Fed's Bullard sets off spat with quip over activists' funding
08/26DJWeb Firms May Have to Pay Publishers for News Under EU Rules
08/26DJFACEBOOK : WhatsApp Shifts On Sharing Data With Facebook -- WSJ
More sector news : E-commerce & Auction Services
News from SeekingAlpha
08/26 Morgan Stanley confident in Amazon's automotive prospects, sees threats to eB..
08/22 MERCADOLIBRE : An E-Commerce Giant In The Making
08/22 Amazon Is The Global E-Commerce Leader
08/21 Tracking Carl Icahn's Portfolio - Q2 2016 Update
08/18 Tracking George Soros's Portfolio - Q2 2016 Update
Advertisement
Financials ($)
Sales 2016 8 946 M
EBIT 2016 2 792 M
Net income 2016 1 872 M
Finance 2016 2 554 M
Yield 2016 -
P/E ratio 2016 18,96
P/E ratio 2017 17,11
EV / Sales 2016 3,67x
EV / Sales 2017 3,48x
Capitalization 35 350 M
More Financials
Chart EBAY INC
Duration : Period :
eBay Inc Technical Analysis Chart | EBAY | US2786421030 | 4-Traders
Full-screen chart
Technical analysis trends EBAY INC
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 40
Average target price 31,1 $
Spread / Average Target -0,71%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Devin N. Wenig President, Chief Executive Officer & Director
Thomas J. Tierney Non-Executive Chairman
Wendy Jones Vice President-Global Operations
Scott Schenkel Chief Financial Officer & Senior Vice President
Stephen Fisher Chief Technology Officer & Senior Vice President
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
EBAY INC13.94%35 350
ALIBABA GROUP HOLDING ..16.97%235 179
JD.COM INC(ADR)-20.07%37 562
RAKUTEN INC-9.07%17 887
MERCADOLIBRE INC46.01%7 372
USS CO., LTD.-10.41%5 003
More Results