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In each of its last four quarters, eBay has posted double-digit year-over-year revenue growth. Looks like the company’s fourth quarter was no different.
After market close Wednesday, EBay reported fourth-quarter earnings of 70 cents per share on revenues of $3.99 billion.
Analysts had expected the online auctioneer to earn 69 cents a share, excluding one-time items, on revenue of $3.97 billion. During the same period in 2011, eBay earned 60 cents a share on $3.4 billion in sales.
Guides 2013 in line. ...... |
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