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News Breaks | | | | July 19, 2011 | | 10:24 EDT |  | EBAY | Earnings Preview: eBay sees Q2 EPS 45c-46c on revenue $2.55B-$2.65B
eBay (EBAY) is expected to report Q2 earnings after the market close on Wednesday, July 20 with a conference call scheduled for 5:00 pm ET. Analysts are looking for EPS of 46c on revenue of $2.61B. The consensus range is 45c-47c for EPS, and $2.55B-$2.65B for revenue, according to First Call. In April, eBay forecast Q2 EPS 45c-46c on revenue of $2.55B-$2.65B, and FY11 EPS $1.93-$1.97 vs. consensus $1.96 on revenue of $10.6B-$10.9B vs. consensus $10.87B. During the quarter, the company's PayPal unit acquired Fig Card and eBay hired ex-Yahoo (YHOO) executive Don Bradford to head its social e-commerce initiatives. eBay also acquired Zong for $240M in cash. Also during the quarter, eBay completed its acquisition of GSI Commerce and its PayPal unit said it will terminate its year-old cooperation with Ali Express. According to the Wall Street Journal, PayPal will process $3B in mobile device payments in 2011, revised upward from $2B and from its original projection of $1.5B. Analysts and investors will be looking for growth in the company's PayPal and marketplace businesses, its largest segments. The company is also likely to comment on the health of its mobile business. | |
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News For EBAY From The Last 14 Days Check below for free stories on EBAY the last two weeks. |
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| June 18, 2013 | | 11:33 EDT |  | EBAY | eBay confident Paypal will receive regulatory approval in China, TechInAsia says
 Subscribe for More Information | | | June 13, 2013 | | 07:09 EDT | | EBAY | Mobile payment companies becoming more competitive, LA Times says
Subscribe for More Information | | | June 11, 2013 | | 06:10 EDT |  | EBAY | ChannelAdvisor reports Amazon, eBay SSS for May
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