EBAY Earnings Preview After the Close

Date: 4/27/2011

EBAY Earnings Preview After the Closee Bay Inc. (NASDAQ: EBAY) is reporting earnings tonight after the bell, and Wall Street will be looking to see what the tech titan has to say about consumer spending. eBay is expected to report earnings of 46 cents per share on revenues of $2.48 billion.

This is up nearly 13% from last year, when the company reported 42 cents per share on revenues of $2.20 billion.At last check, shares of eBay were up 44 cents to $33.52, a gain of over 1%.eBay is trading at 15 times next year's earnings, not terribly expensive for a company growing at 13% per year.

eBay Inc. provides online marketplaces for the sale of goods and services, as well as other online commerce, platforms, and online payment solutions to individuals and businesses in the United States and internationally.

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