eBay and Consensus Estimate

fourth quarter: In fact, its flat fourth-quarter revenue of $2.32 billion was a tad higher than the consensus estimate of $2.31 billion, according to Fact Set Research, according to Market Watch. But eBay shares tumbled 12% in after-hours trading, as the company slightly lower outlook for the first quarter and full year disappointed investors. Investors had already baked in eBay EBAY, -12.45%less-than-stellar fourth quarter. EBay executives blamed currency fluctuations due to a stronger U.S. dollar, but the company former payments business also played a role. PYPL, +8.39% spun off on its own last summer, beat expectations in its own earnings report Wednesday, as user growth climbed, and its shares jumped 5% in after-hours action. PayPal Holdings Inc. (news.financializer.com). As reported in the news.