|Wed Jan 21 2015 07:53:02|
All Eyes on eBay's Fourth Quarter Performance
By: Ina Steiner
eBay is set to report fourth quarter earnings today, and the financial press are speculating on how well eBay performed.
The Street focused on currency and economic chaos in Europe in its report. "With recent turmoil surrounding central bank decisions such as the recent unexpected move from the Swiss Central Bank, and analysts are lowering forecasts all around."
The Motley Fool raised the issue of eBay's disappointing third quarter blamed on a strong dollar, the Google penalty and eBay's security breach and resulting password-reset.
It noted that eBay had planned "significant investments in sales and marketing to re-engage users" and advised shareholders to be on the lookout for "whether those investments are bearing fruit."
Online sellers will join analysts and investors in wondering whether eBay reveal will how its breakup plans are proceeding as it plans to split PayPal and eBay Marketplaces. Here's a refresher on eBay's third-quarter performance. We'll be bringing you Q4 results that eBay will be releasing at 4 pm EST.
Let us know how you think eBay performed in the all-important fourth quarter.