Filed under: International markets, Earnings reports, Forecasts, Products and services, Management, Consumer experience, Competitive strategy, eBay (EBAY), Amazon.com (AMZN), Marketing and advertising
E-commerce giant eBay (NASDAQ: EBAY) will be reporting its fourth-quarter numbers this Wednesday, and analysts are looking for a strong quarter from the company, but then again, the fourth quarter has typically always been strong for the company. What analysts will most likely be more interested in, even more so than fourth-quarter numbers, will be the company’s 2008 outlook.
For the fourth quarter, the company is expected to show earnings of 41 cents per share. For its fourth quarter 2006, the company only showed 31 cents per share, so if it were to report 41 cents for its most recent fourth quarter, we will be seeing earnings growth of slightly over 32 percent year over year, but will that be enough to bring buyers into EBAY shares?
2008 should prove to be a very pivotal year from eBay, which is struggling to get its auction business back on the right track. One thing that we could see this week is eBay announcing that it will be lowering its “insertion” fees. These are fees that the company charges its users to list items, and would lift the commission that users receive for selling their goods.
Continue reading eBay (EBAY) fourth-quarter earnings preview
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