Analyst: overall Q4 listings growth on eBay is on track to fall below estimates

[mandy]

According to Bear Stearns analyst Robert Peck, eBay's core auction listings rose 18 percent year-over-year last week.

In the U.S., Peck estimated core listings rose 4 percent from last year, driven by a one-day promotion that let sellers post an item for 10 cents.

Peck also noted that the balance between U.S. core listings and items for sale on sellers' personalized store pages shifted since August, thanks to promotions. He estimated that stores accounted for 67 percent of listings on Nov. 10, compared with 80 percent on Aug. 25. Core listings are more lucrative for eBay, and the company has made various efforts this year to shift more users away from the faster-growing store listing format.

Deutsche Bank's Jeetil Patel wrote in a note to investors that overall listings growth on eBay is on track to come in below his estimates for the holiday quarter...

full article: http://www.chron.com/disp/story.mpl/ap/fn/4331197.html

[thentavius]

Nice to know they're on track to miss the mark.