eBay Inc (NASDAQ:EBAY) Rise on Solid Results Despite Cautious 2013 Outlook - LINTA, AMZN, LQDT

Pompano Beach, FL -- (SBWIRE) -- 01/17/2013 -- eBay Inc (NASDAQ:EBAY) announced holiday quarter results that just surpassed Wall Street forecasts, but the e-commerce firm also provided a cautious outlook for 2013.

On Wednesday, eBay announced Q4 revenue increased 18% to $3.99 billion. Profit remained $927 million, or 70 cents per share, in the period. That was against profit of $789 million, or 60 cents per share, in the similar quarter previous year.

Should EBAY a Buy or Sell Now? Find Out Here

EBay was anticipated to make 69 cents per share in earnings on revenue of $3.98 billion, in relation to Thomson Reuters I/B/E/S.

EBay predicted 2013 revenue of $16 billion to $16.5 billion and profit of $2.70 to $2.75 per share. Wall Street was expecting revenue of $16.3 billion and profits of $2.74 per share, in relation to Thomson Reuters I/B/E/S.

At the current trading session, eBay Inc (NASDAQ:EBAY) shares are up +3.25% to $54.62 while the stocks are trading within the range of $53.75 – $54.88. In the past year, the stock has traded within a range of $28.89 – $54.88. Average daily trading volume is 9.60 million shares.

Will EBAY Continue To Move Higher? Find Out Here

If we look at a few other stocks within same industry, Liberty Interactive, Amazon.com, Inc. and Liquidity Services, Inc. are in the top volume leaders. Let’s have a quick look on their Market performance.

Liberty Interactive (Interactive group) (NASDAQ:LINTA) shares are up +1.05% to $21.18 while the stock is trading within the range of $21.05 – $21.32 in the current trading session. In the last 12 months the shares have traded between $15.93 and $21.32. The average daily trading volume is 4.74 million shares.

For How Long LINTA’s Gloss will Attract Investors? Find out via this report

Amazon.com, Inc. (NASDAQ:AMZN) shares in the current session moved up +0.74% reaching $270.93. The stocks are trading in a range of $269.21 – $271.97. In the last year the stock has moved within a range of $172.00 – $274.26. The Company’s average daily trading volume is 3.00 million shares.

Why Should Investors Buy AMZN After The Recent Gain? Just Go Here and Find Out

Another rival company, Liquidity Services, Inc. (NASDAQ:LQDT), is trading down -1.77% to $39.46. Intraday trading recorded the stock price in a range of $38.94 to $40.23. In the previous 52 weeks the stock’s price ranged between $31.00 and $66.57. Their average daily trading volume is 878,579 shares.

Has LQDT Found The Bottom And Ready To Gain Momentum? Find Out Here

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