{"id":28918,"date":"2012-04-20T17:50:21","date_gmt":"2012-04-20T21:50:21","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=28918"},"modified":"2012-04-20T17:50:21","modified_gmt":"2012-04-20T21:50:21","slug":"ebay-shares-jump-to-52-week-highs-on-paypals-prospects-ebay","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/04\/20\/ebay-shares-jump-to-52-week-highs-on-paypals-prospects-ebay\/","title":{"rendered":"eBay Shares Jump To 52-Week Highs On PayPal&#8217;s Prospects (EBAY)"},"content":{"rendered":"<p><div id=\"grabDiv1767162\"><object id=\"GrabPlayer1767162\" width=\"542\" height=\"304\" type=\"application\/x-shockwave-flash\" align=\"middle\" data=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=vc23d7b30ea1840c7f6e82c5f8575cb41fe438439&#038;tgt=grabnetworks\"><param name=\"quality\" value=\"high\"\/><param name=\"allowScriptAccess\" value=\"always\"\/><param name=\"allowFullScreen\" value=\"true\"\/><param name=\"menu\" value=\"false\"\/><param name=\"wmode\" value=\"transparent\"\/><param name=\"movie\" value=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=vc23d7b30ea1840c7f6e82c5f8575cb41fe438439&#038;tgt=grabnetworks\"\/><\/object><\/p>\n<div id=\"overlay-adzone\" style=\"overflow:hidden; position:relative\"><\/div>\n<\/div>\n<p>4-19-12-eBay (NASDAQ:EBAY) is making fresh 52-week highs after the company reported Q1 EPS of $0.55, vs. estimates of $0.52.Revenues in the quarter rose 28% YoY to $3.3 billion, beating estimates by $150 million.The company said it now sees annual EPS of $2.30 &#8211; $2.35, after having seen EPS of $2.25 &#8211; $2.30 and compared to estimates of $2.30.The company sees annual revenues of $13.8 billion &#8211; $14.1 billion, vs. estimates of $13.9 billion.The company sees 2Q EPS 53c-55c, est. 54c. eBay sees Q2 revenues of $3.25 billion -3.35 billion, vs. estimates of $3.36 billion.While the company doesn&#8217;t forecast much earnings upside over the next 2 years, it sees strong benefits from PayPal&#8217;s mobile payments position which will drive shares of the company higher.PayPal expects to handle $7 billion worth of mobile payments in 2012, up from 2011&#8217;s $4 billion.<\/p>\n<p><img src='http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/04\/20\/1_owqrq29c_thumb.jpg' \/><\/p>\n<p><!--post_img[http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/04\/20\/1_owqrq29c_preview.jpg]--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>4-19-12-eBay (NASDAQ:EBAY) is making fresh 52-week highs after the company reported Q1 EPS of $0.55, vs. estimates of $0.52.Revenues in the quarter rose 28% YoY to $3.3 billion, beating estimates by $150 million.The company said it now sees annual EPS of $2.30 &#8211; $2.35, after having seen EPS of $2.25 &#8211; $2.30 and compared to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/04\/20\/ebay-shares-jump-to-52-week-highs-on-paypals-prospects-ebay\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;eBay Shares Jump To 52-Week Highs On PayPal&#8217;s Prospects (EBAY)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-28918","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=28918"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28918\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=28918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=28918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=28918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}