EBay forecasts first-quarter revenue above estimates

Reuters
18 hours ago
EBay forecasts first-quarter revenue above estimates

Feb 18 (Reuters) - EBay Inc EBAY.O forecast first-quarter revenue above Wall Street estimates on Wednesday, signaling that its focus on specialty categories like luxury goods and auto parts is helping it navigate a challenging e-commerce market.

The company expects first-quarter revenue in the range of $3 billion to $3.05 billion, compared with analysts' average estimate of $2.80 billion, according to data compiled by LSEG.

(Reporting by Juby Babu in Mexico City; Editing by Maju Samuel)

((Juby.Babu@thomsonreuters.com;))

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