The San Jose, California-based company said it had net income of 94 cents per share. Earnings, adjusted for houstom gains and costs, were 85 cents per share. The beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 76 cents per share. For the current quarter ending in December, eBay expects its per-share earnings to range from 78 cents to 84 cents.
The San Jose, California-based company said it had net Egay of 94 cents per share. Comments The unusual drop-off store concept puts a face on the online marketplace and takes the headache out of selling items on the Internet. In less than two years, the franchise has become the largest seller on eBay, said Gordon.
When looking for a location for his store, the Sugar Land resident was drawn to the Fort Bend classifoeds because of its mix of commercial and residential clientele and the growing population of families with above-average household incomes. Most Popular.
President of a telecommunications business for 30 years, Gordon wanted to find something that would also allow him to work with his family. Some of the most common comments he has heard from customers include, "This is perfect for me because I don't know how to use the Internet" or "I classifiedx about eBay every day, but have no clue how to use it.
The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 76 cents per share. Three years ago, year-old James Gordon, owner of the I Sold It on eBay in Missouri City, began looking for a small business venture to run during his retirement.
Earnings, adjusted for one-time gains and costs, were 85 cents per share. Although more and more people are selling and buying goods online, many have faced the challenges associated with online shopping, including buyers not paying, the difficulty associated with returning items that are different from what was advertised, and the general hassle of verifying and securing funds classifiesd payment.
The beat Wall Street expectations. As a result, they began exploring the idea of operating a business venture that would allow them to offer this same service to the community and their research led them to the I Sold It on eBay franchise. For the current quarter ending in December, eBay expects its per-share earnings to range from 78 cents to 84 cents.
The store's reception in the community since opening its doors in April has been good, he said, and people have come into the store to ask what they do and how the process works. Customers simply drop off an item at the store and the staff handles all the tedious details of photographing, listing, packing and shipping.
His son Christian, who had been actively buying and selling on eBay sinceis a ohuston at the store and his wife, Laurie, works at the store and handles the paperwork.