April 29, 2020 / 8:26 PM / a month ago

EBay forecasts current-quarter revenue above estimates

April 29 (Reuters) - EBay Inc forecast current-quarter revenue above estimates on Wednesday, as the e-commerce company benefited from a surge in online orders from people staying indoors due to the COVID-19 pandemic.

The company said it expects second-quarter revenue in the range of $2.38 billion to $2.48 billion, while analysts were expecting $2.32 billion, according to IBES data from Refinitiv. (Reporting by Bharath Manjesh in Bengaluru; Editing by Shounak Dasgupta)

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