BUZZ-EBay CFO to step down; shares fall

Reuters
05-01
BUZZ-EBay CFO to step down; shares fall

** Shares of e-commerce firm eBay EBAY.O down 1.4% at $67.20 after the bell

** Co says CFO Steve Priest will step down in May, to be replaced by former PayPal PYPL.O executive Peggy Alford

** Meanwhile, co expects Q2 revenue between $2.59 billion and $2.66 billion, largely above estimates of $2.60 billion- data compiled by LSEG

** Co also reports Q1 revenue of $2.59 billion, above estimates of $2.55 billion; adjusted EPS of $1.38 vs. estimates of $1.34

** EBAY has risen ~10% YTD as of Wednesday's close

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com;))

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