EBay forecasts quarterly revenue below estimates-May 2024-www.financetom.com

EBay forecasts quarterly revenue below estimates

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EBay forecasts quarterly revenue below estimates

Jul 31, 2024 1:50 PM

July 31 (Reuters) - EBay ( EBAY ) forecast third-quarter

revenue below Wall Street estimates on Wednesday, a sign that

demand is slowing down for collectible items, luxury handbags

and watches.

The e-commerce platform expects revenue for the quarter

between $2.5 billion and $2.56 billion, compared to analysts'

estimate of $2.54 billion.

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