EBay Reports Q4 Profit, Faces Revenue Challenges

EBay Inc. reported a strong fourth quarter with adjusted earnings of $1.25 per share, surpassing the Zacks Consensus Estimate of $1.20 and marking a 4.17% earnings surprise. Despite outperforming market expectations and achieving a 14.5% stock gain year-to-date, eBay projected its first-quarter revenue below Wall Street estimates, forecasting between $2.52 billion to $2.56 billion, short of the expected $2.59 billion. This signals potential weak demand for products like collector's items and refurbished goods. The company's quarterly revenue rose modestly by 0.7% to $2.579 billion from the previous year. Analysts and investors are advised to monitor earnings estimate revisions closely as they might impact stock movements. Future stock performance will depend on management's commentary and earnings outlook.