eBay Inc. Q4 Income Falls 12%

(RTTNews) - eBay Inc. (EBAY) announced a profit for fourth quarter that declined from last year.

The company said its profit fell to $600 million, or $0.50 per share. This was down from $685 million, or $0.55 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.50 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Revenue held steady at $2.32 billion

eBay Inc. earnings at a glance:

-Earnings (Q4): $600 Mln. vs. $685 Mln. last year. -Earnings Decline (Y-o-Y): -12.4% -EPS (Q4): $0.50 vs. $0.55 last year. -EPS Decline (Y-o-Y): -9.1% -Analysts Estimate: $0.50 -Revenue (Q4): $2.32 Bln vs. $2.32 Bln last year. -Revenue Change (Y-o-Y): 0%

-Guidance: Next quarter EPS guidance: $0.43 - $0.45 Next quarter revenue guidance: $2.05 - $2.10 Bln Full year EPS guidance: $1.82 - $1.87 Full year revenue guidance: $8.5 - $8.8 Bln