eBay Inc. (NASDAQ: EBAY) is scheduled to release fourth-quarter 2008 results today at 5:00 PM Eastern. To listen in to the webcast of the conference call, visit eBay's Q4 2008 Earnings Call (registration required), or sign up for eBay's E-mail Notification to receive the results.
Analysts polled by Thomson Reuters expect eBay to report that its profit for the quarter fell 13.3% from a year ago to $0.39 per share. Revenue for the quarter is expected to total $2.1 billion, which is 2.9% lower than a year ago. eBay has topped earnings estimates in the past five quarters, by as much as 23.8%.
For the full year, analysts are looking for earnings of $1.70 per share on revenue of $8.6 billion, up from $1.53 per share and $7.7 billion in the previous year.
The consensus forecast of long-term EPS growth is 11.4%, which is a bit less than the S&P 500 average. The share price is up marginally from a multiyear low, but about 56% lower than it was a year ago.
See BloggingStocks' eBay coverage for more information concerning the San Jose, Calif.-based online auctioneer.
Heinz looking good after the second quarter?
Why isn't Bank of America updating its shareholders on CEO situation?
Will Rich Ross really have a positive impact on Disney's movie operations?
