October 23, 2019 / 8:28 PM / 22 days ago

EBay forecasts fourth-quarter revenue below estimates

Oct 23 (Reuters) - EBay Inc on Wednesday forecast current-quarter revenue below estimates, as it faces intense competition from Amazon.com and Walmart Inc.

The e-commerce company said it expects fourth-quarter revenue in the range of $2.77 billion to $2.82 billion, while analysts on average were expecting $2.85 billion, according to IBES data from Refinitiv. (Reporting by Amal S in Bengaluru; Editing by Maju Samuel)

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