EBay Inc. Q4 Profit Beats Estimates

(RTTNews) - eBay Inc. (EBAY) revealed a profit for fourth quarter that beat the Street estimates.

The company's earnings totaled $680 million, or $1.40 per share. This compares with $728 million, or $1.40 per share, last year.

Excluding items, eBay Inc. reported adjusted earnings of $607 million or $1.25 per share for the period.

Analysts on average had expected the company to earn $1.20 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 0.7% to $2.579 billion from $2.562 billion last year.

eBay Inc. earnings at a glance (GAAP) :

-Earnings: $680 Mln. vs. $728 Mln. last year. -EPS: $1.40 vs. $1.40 last year. -Revenue: $2.579 Bln vs. $2.562 Bln last year.

-Guidance: Next quarter EPS guidance: $1.32 - $1.36 Next quarter revenue guidance: $2.52 - $2.56 Bln