EBay's Stock Falls After Delivering Weak Outlook For Earnings

John DonahoeWikimedia, CCeBay CEO John Donahoe

eBay just
released earnings, and the stock is down following a weaker than expected outlook for the fourth quarter.

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 $US3.9 billion versus expectations of $US3.9 billion.
  • Q3 EPS is $US0.64 versus expectations of $US0.63.
  • Q4 EPS guidance is $US0.79-$0.81 versus expectations of $US0.83.
  • Q4 Revenue guidance $US4.5-$4.6 billion versus expectations of $US4.64 billion.

eBay explained its guidance in the company’s earnings slides by saying it was worried about a weak U.S. market:

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