EBay forecasts quarterly revenue below expectations

Reuters
27 Feb
EBay forecasts quarterly revenue below expectations

Feb 26 (Reuters) - E-commerce firm eBay EBAY.O forecast first-quarter revenue below Wall Street estimates on Wednesday, signaling weak demand for products such as collector's items and refurbished goods.

The company expects revenue in the range of $2.52 billion to $2.56 billion for the quarter, compared with analysts' average estimate of $2.59 billion according to data compiled by LSEG.

(Reporting by Juby Babu in Mexico City; Editing by Krishna Chandra Eluri)

((Juby.Babu@thomsonreuters.com;))

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