EBay (EBAY) reported quarterly earnings and revenue that were in line with analysts' expectations, but the company's guidance fell short of estimates on Wednesday.
After the earnings announcement, eBay stock ticked lower in extended-hours trading.
Net income fell to $751 million, or 57 cents per share, from $1.98 billion, or $1.51 a share.
Excluding charges for stock-based compensation, amortization and $31 million in restructuring expenses, the online marketplace earned $927 million, or 70 cents per share, up from $789 million, or 60 cents a share, in the year-earlier period.
(Read more: 12 Stocks That Beat Earnings 80% of the Time)
But the company's outlook for the first quarter fell short: EBay projects earnings of 60 to 62 cents a share on revenue of $3.65 billion to $3.75 billion. Analysts currently expect earnings per share of 63 cents on revenue of $3.80 billion.
For the full year 2013, the company expects to earn $2.70 to $2.75 a share, below Wall Street's forecasts of $2.74 a share.
More From CNBC
-
Intel's Earnings to Show Continued Weak PC Sales
-
Security Firm Discovers Cyber-Spy Campaign
-
Dell Buyout Has '50-50' Chance: Wilbur Ross
