eBay's earnings beat analysts' estimates, but the company's outlook is negative due to the May hack. Profits are good, at 676 million, better than last year's 640. Revenues also improved compared to 2013: +13%, from 3,88 billion to 4,37. Analyst forecasts beat as regards the shares, given at 68 cents, and instead arrived at 69.
The forecasts that eBay announces for the current quarter foresee a further improvement in revenues to 4,4 billion, with shares down slightly between 65 and 67 cents. Estimates for sales are $18-18,3 billion.
The online auction site fell 0,23% to $50,70 this morning, while it posted a net gain of 1% in the after hours.
