Ebay revenues rise 15% to €2.6bn

Ebay, the world’s largest online marketplace, last night forecast fourth-quarter revenue that may miss some analysts’ estimates as sales growth slows heading into the holiday season.

Third-quarter revenue climbed 15% to $3.4bn (€2.6bn), the company said, in line with the $3.41bn average analyst estimate compiled by Bloomberg. Profit excluding some items was 55 cents a share, also matching analysts’ prediction.

Revenue in the current quarter will be $3.85bn to $4bn, Ebay said, compared with an average analyst projection of $3.94bn. The company forecast profit excluding some items of 66c to 69c a share, versus a 68c estimate.