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EBay forecasts quarterly revenue above estimates

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(Reuters) – Ecommerce firm eBay Inc forecast second-quarter revenue above Wall Street estimates on Wednesday, on hopes that it would attract shoppers to its refurbished as well luxury offerings as inflation cools.

The company expects revenue in the range $2.47 billion to $2.54 billion for the quarter ending June. Analysts on average were expecting $2.43 billion, according to Refinitiv.

(Reporting by Yuvraj Malik in Bengaluru; Editing by Maju Samuel)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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