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EBay forecasts holiday-quarter revenue below estimates By Reuters

© Reuters. FILE PHOTO: The eBay app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration
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(Reuters) – Ecommerce company eBay Inc (NASDAQ:) on Wednesday forecast holiday-quarter revenue below Wall Street estimates as consumers stressed by inflation cut back on their gifting budgets.

The company forecast fourth-quarter revenue between $2.42 billion and $2.50 billion. Analysts are expecting $2.49 billion, according to Refinitiv data.

Story Credit: investing.com

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