EBay Reports Quarterly Sales, Profit That Exceeded Estimates

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000US Stocks:EBay Inc. reported quarterly sales and profit that exceeded estimates, indicating that a focus on luxury items and refurbished goods is helping the company stand out in an increasingly cluttered e-commerce market.Fourth-quarter profit, excluding some items, was $1.41 a share, the company said Wednesday in a statementBloomberg Terminal. Revenue increased 15% to $3 billion. Analysts, on average, estimated earnings of $1.35 per share on sales of $2.87 billion.