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SubscribeJobsCarsReal EstateApartmentsClassifiedsShoppingCelebrationsObituariesHome? BusinessMobile siteSearch archive ?Last updated: January 19, 2011 7:51 a.m.Ahead of the Bell: EBay to report 4Q resultsAssociated PressSAN FRANCISCO (AP) — EBay Inc. is slated to report its fourth-quarter results on Wednesday after the stock market closes, and analysts expect the online marketplace operator to report revenue growth.
EBay's growth is likely to come both from its online marketplace, which includes eBay.com, and from its PayPal online payments business.
According to comScore Inc., shopping during the November-December holiday season rose 12 percent from a year earlier to $32.6 billion in 2010 — slightly higher than the 11 percent the market research firm expected.
Chances are that this benefited both eBay.com and PayPal. EBay has been working to revamp its main site in hopes of enticing more buyers and sellers, doing things like rolling out a redesigned home page and cutting down the upfront fees it charges sellers. And the PayPal business has already been growing rapidly as it's used widely by merchants and consumers on and off eBay.
Analysts polled by FactSet expect the San Jose-based company to report $2.48 billion in revenue — in line with its predictions for between $2.39 billion and $2.49 billion — and up from the $2.37 billion eBay reported for the fourth quarter of 2009.
Analysts are also looking for growth in eBay's adjusted profit: They expect 47 cents per share, which meshes with eBay's prediction of 45 cents to 48 cents per share. This would compare with an adjusted profit of 44 cents in the year-ago quarter.
Business2010 finishes on high noteThree banks with branches in northeast Indiana have reported strong earnings for last year and the fourth quarter.Today 3:00 am Wal-Mart to press for healthier foods
Attention, Walmart shoppers: The food in your cart, from fruit drinks to salad dressing, may soon get healthier.Today 3:00 am GM executive?s job: Speed up product design The new chief of product development at GM holds what is arguably the most important job in the company: coming up with cars and trucks that people want. There also are a few extra goals on Mary Barra?s list:Today 3:00 am Co-founder of Google taking helmGoogle Inc. co-founder Larry Page is taking over as CEO in an unexpected shake-up that upstaged the Internet search leader?s fourth-quarter earnings.Today 3:00 am Google co-founder Larry Page takes back CEO job?SAN FRANCISCO – Google Inc. co-founder Larry Page is taking over as CEO in an unexpected shake-up that upstaged the Internet search leader’s fourth-quarter earnings.Thursday 4 Hewlett-Packard board members call it quits?SAN FRANCISCO – Hewlett-Packard Co. is overhauling its board of directors as the world’s biggest technology company by revenue takes heat for the ouster of former CEO Mark Hurd six months ago.Thursday Share 
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