eBay Shares Slide After Q4 Results, Soft Q1 Revenue Guidance

eBay, Inc. (NASDAQ:EBAY) reported its fourth-quarter results after Wednesday's closing bell. Here's a look at the details from the report. 

The Details: eBay reported quarterly earnings of $1.25 per share, which beat the analyst consensus estimate of $1.20. Quarterly revenue of $2.579 billion beat the analyst consensus estimate of $2.571 billion and is an increase over revenue of $2.56 billion from the prior year’s quarter.

The company reported Gross Merchandise Volume of $19.3 billion, up 4% on an as-reported basis and up 3% on an FX-Neutral basis.

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“eBay achieved three consecutive quarters of GMV growth to end 2024, and we took significant steps toward our vision of reinventing the future of e-commerce for enthusiasts,” said Jamie Iannone, eBay CEO. “I’m proud of how the team has innovated for our buyers and sellers, which has driven significant value for shareholders.”

Outlook: eBay sees first-quarter adjusted earnings of between $1.32 and $1.36 per share, versus the $1.33 estimate, and revenue in a range of $2.52 billion to $2.56 billion, versus the $2.59 billion estimate.

EBAY Price Action: According to data from Benzinga Pro, eBay shares are down 7.43% after-hours at $64 on Wednesday.  

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