EBay's numbers for its first quarter look pretty good with the online auction house beating Wall Street estimates by 3 cents, reporting 42 cents instead of the 39 cents analysts were looking for.
That news came on better-than-expected topline performance as well, with eBay reporting $2.19 billion versus the $2.08 billion analysts anticipated.
For eBay's second quarter, the company expects an EPS range of 39 cents to 41 cents, essentially in line with the 40 cents Wall Street is looking for. The revenue range is $2.1 billion to $2.15 billion, slightly above the $2.11 billion consensus. The news gets a little better full year with eBay now expecting EPS of $1.70 to $1.75, on $8.7 billion to $9 billion in revenue, when analysts had expected $1.68 on $8.79 billion.
Going through some of the key metrics and where there's a little concern about eBay's ongoing business operations: Active User growth was up only 1 percent to 83.9 million users, way below what some analysts on the Street were hoping for, and even lower than the 2 percent the company reported in the previous quarter.