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eBay Shares Tank in After Hours Trading Following its Earnings Report

Financial In Market By Dave Porter

As an eBay buyer, you can take the following precautions to help ensure a successful trading experience.

Oriental Trading (AXcess News) San Jose CA - eBay Inc. (Nasdaq: EBAY) reported a 37 percent increase revenue for the third quarter in comparison to the same period last year. The online auction site reported revenue for the period of $1.106 billion, exceeding its previous estimate of $1.070 billion.

As an eBay buyer, you can take the following precautions to help ensure a successful trading experience.

Financial Forex Forex Software The company also said its consolidated net income for the quarter was was $255.0 million, or $0.18 per diluted share. eBay had estimated that its consolidated net income would be $0.18 per share, though its pro-forma net income exceeded earlier estimates by 1 cent.

Safe Trading Overview eBay is committed to making your trading experience safe and fun. Whether you are a buyer or seller, you can rely on eBay's advice and guidelines to help you make informed decisions with confidence and trust. a platform where sellers and buyers can meet and trade. eBay never sees, takes possession of, inspects, or authenticates any of the goods for sale. Therefore, you should follow the guidelines provided below and always apply the same common sense to online transactions that you do in your everyday life offline.

Trading "We saw very strong growth across every part of our business in Q3," said Meg Whitman, President and CEO of eBay. "It's wonderful to see so much strength in our two largest marketplaces, the U.S. and Germany. We're excited about the great momentum eBay and PayPal have going into the holiday shopping season."

The eBay Investigations team tries to resolve reported cases of inappropriate trading behavior. eBay will consider the circumstances of an alleged offense and the user's trading record before taking action. Disciplinary action may range from a formal warning up to indefinite suspension of a user's account. However, out of fairness to all users, if a complaint cannot be proven with certainty, eBay will not take action.

Trading Financial System U.S. Marketplace net revenues totaled $449.5 million in the third quarter, representing 29% year-over-year growth.

(AXcess News) Oracle Corp. ( ORCL) reported a 2 percent drop in net earnings in the second quarter, though revenue rose 19 percent after completing several acquisitions this year. The earnings were below analysts expectations and investors showed their sentiment when Oracle's shares closed down 14 cents, or 1.09%, at $12. market trading, down another 7 cents or .55%, putting the total decline at 1.64%.

Day Trading International Marketplace net revenues totaled $408.9 million, representing 43% year-over-year growth.

Forex Financial Trading The Rajiv Dutta, eBay's chief financial officer, will transition to the new role of president of Skype after his successor is named. Dutta will work with Skype CEO Niklas Zennstrom and Whitman on Skype's growth and integration across eBay and PayPal.

Fortune Make Option Trading "Rajiv's contributions to eBay's success during the past seven years have been enormous," said Whitman. "He'll play an even bigger role in eBay's future by helping Niklas and his team achieve Skype's full potential."

Science Of Financial Market Skype is the world's largest provider of VoIP services and was acquired byeBay earlier this summer, beating out News Corp's earlier bid.

Future Trading The number of users on the eBay platform who bid, bought, or listed an item within the previous 12-month period, increased to a record 68.0 million inthe third quarter,a 32% increase over the 51.7 million active users reported in the same period a year ago.

Financial Sales Services New listings totaled a record 458.6 million, 32% higher than the 348.0 million new listings reported in the same period last year.

Commodity Trading The total value of all successfully closed items on eBay's trading platforms was $10.8 billion, representing a 30% year-over-year increase from the $8.3 billion reported in the third quarter of 2004.

Financial Services Trading PayPal's business had 86.6 million total accounts at the end ofthe third quartera 53% increase from the 56.7 million reported in the same period last year.

Online Forex Trading Total Payment Volume, the dollar volume of payments initiated through the PayPal system, was a record $6.7 billion, a 44% increase from the $4.6 billion reported last year in the third quarter.

Financial Portfolio Trade eBay said its estimated fourth quarter earnings per share would be 16 cents, taking into account a 4 cent per share dilution from the Skype acquisition. For the fiscal year, eBay estimates earnings per share of 74 cents.

Sierra Trading Post On a pro-forma basis, the online auction site said earnings per share for fiscal year would be as high as 83 cents.

Trading Financial Future While eBay's numbers look great, its provision for losses were dismal. eBay reported that as a percent of net income, its provision for losses represented 6.2%, or $15.8 million, compared to 5.6%, or $10.3 millionfor the same period last year.

Forex Trading Software While eBay's net income grew 39% in the third quarter compared to the same period last year, its provision for losses grew over 30%, whichsupports thegrowing reputation the online auctioneer has been getting for charge backs and user complaints.

Trading Post Shares of eBay closed Wednesday at $42.01, up $1.59, or 3.9%. Though in after-hours trading the online auctioneer's shares tanked, falling $2.73, or 6.5% to $39.28.

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