eBay Q1 Earnings: Analysts Expecting Best Growth In 5 Quarters

[mandy]

EBay Inc., the world's largest online auction company, may say profit increased at the fastest pace in five quarters after it charged more for users to list items for sale.

First-quarter earnings probably rose 32 percent to $327.6 million, or 23 cents a share, from $248.3 million, or 17 cents, a year earlier, according to the average estimate of 16 analysts in a Bloomberg survey. Sales may have gained 24 percent to $1.72 billion.

EBay Chief Executive Officer Meg Whitman more than doubled fees for merchants selling goods at fixed prices to reduce clutter on its site. A higher percentage of listings are resulting in sales as a result, boosting profit, analysts said...

full article: http://www.bloomberg.com/apps/news?pid=20601103&sid=agc_NqlKLWiA&refer=us

[bargainbloodhound]

Online auction leader eBay reported on Wednesday quarterly results that beat Wall Street expectations and said its outlook for the rest of the year would be at the high end of analysts' predictions.

Shares of eBay jumped as much as 6 percent after the company posted a 52 percent jump in net profit on a 27 percent revenue rise, led by growth in its core auctions business and the rising prominence of international sales...

Net revenue from its marketplaces business grew 23 percent to $1.25 billion. Registered users rose 21 percent to 233 million around the globe.

Net revenue at online payments service PayPal grew 31 percent to $439 million, while the number of registered users of the credit card alternative rose 36 percent to 143 million...

full article: http://news.com.com/eBay+beats+expectati...g=nefd.top

[accentnepal]

So Ya think they are gonna raise prices again?

Down with clutter!
Down with stores!
Up with prices!

               

[Kristijntje]

588 million listings in Q1 '07, up 2% from Q1 '06
GMV $14.28 billion, up 14% y/y
International revenues: Marketplaces 52%, PayPal 41%, Skype 85%
eBay Active users 82.9 million up 1% from prior quarter
eBay Inactive users 150.5 million
Number of non-store listings 509.3 million down 4% from prior quarter but up 4% y/y
Number of store listings 79.1 million down 5% from prior quarter and down 6% y/y
number of eBay stores 632,000 up 7% from prior quarter and 30% y/y
57% of stores are international
Active PayPal accounts 35.7 million
Inactive PayPal accounts 107.6 million