>>> eBay beats by $0.07, reports revs in-line; guides Q2 EPS in-line, revs below

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eBay beats by $0.07, reports revs in-line; guides Q2 EPS in-line, revs below consensus; reaffirms FY15 EPS, lowers rev  

Reports Q1 (Mar) earnings of $0.77 per share, excluding non-recurring items, $0.07 better than the Capital IQ Consensus of $0.70; revenues rose 4.4% year/year to $4.45 bln vs the $4.42 bln consensus.

- Payments: Net revenue: $2.11 bln vs $2.08 bln Briefing.com consensus -- Net total payment volume (TPV): $61.41 bln vs $61.40 bln Briefing.com consensus
- Marketplaces: Net revenue: $2.07 bln vs $2.07 bln Briefing.com consensus -- Gross merchandise volume (GMV): $20.20 bln vs $20.16 bln Briefing.com consensus
- Enterprise: Net revenue: $288 mln vs $275.56 mln Briefing.com consensus -- Gross merchandise sales (GMS): $1.01 bln vs $1.02 bln Briefing.com consensus

Co issues guidance for Q2, sees EPS of $0.71-0.73, excluding non-recurring items, vs. $0.71 Capital IQ Consensus Estimate; sees Q2 revs of $4.4-4.5 bln vs. $4.58 bln Capital IQ Consensus Estimate.

Co issues guidance for FY15, reaffirms EPS of $3.05-3.15, excluding non-recurring items, vs. $3.09 Capital IQ Consensus Estimate; lowers FY15 revs to $18.35-18.85 bln from $18.6-19.1 bln vs. $18.97 bln Capital IQ Consensus.