eBay Inc. (EBAY) faced a significant after-hours selloff, with its stock price plunging 7.07% in extended trading on Wednesday. The decline came after the e-commerce company provided a weaker-than-expected revenue guidance for the first quarter of 2025.

During its earnings call, eBay forecasted first-quarter revenue in the range of $2.52 billion to $2.56 billion, falling short of analysts' average estimate of $2.59 billion. This guidance signaled potential weakness in demand for the company's products, such as collector's items and refurbished goods.

While eBay reported a better-than-expected adjusted earnings per share of $1.25 for the fourth quarter of 2024, beating the consensus estimate of $1.20, investors seemed more focused on the company's future outlook. The weaker-than-anticipated revenue guidance for the current quarter overshadowed the past quarter's performance, leading to the significant after-hours sell-off.