By Juby Babu
April 29 (Reuters) - EBay on Wednesday forecast second-quarter revenue above Wall Street estimates, betting on listings of collectibles and motor accessories as well as live-streamed auctions on its e-commerce platform.
The company saw strong growth in collectibles, trading cards, toys, action figures and fashion in the first quarter, CEO Jamie Iannone told Reuters in an interview. Its motors, parts and accessories business contributed nearly two percentage points of growth.
EBay is "typically
more resilient because of our focus on re-commerce and non-new season items," Iannone said. "Consumers can find value on eBay when income is pressured."
The company expects second-quarter revenue in the range of $2.97 billion to $3.03 billion, compared with analysts' average estimate of $2.97 billion, according to data compiled by LSEG.
It reported revenue of $3.09 billion for the first quarter ended March 31, above analysts' estimate of $3.04 billion.
Analysts view the company as being in the early stages of a broader product overhaul, and they see rising engagement as a key driver of momentum heading into 2026 and beyond.
EBay has been deploying artificial intelligence tools to improve messaging between buyers and sellers. Its AI-powered "Magical Listings" tool is helping eBay unlock seller supply on the platform, driving a more than 50% increase in the rate of new listings, Iannone said.
Gross merchandise volume, a key industry metric that denotes the total value of goods and services sold on the marketplace, rose 18% to $22.2 billion in the first quarter.
(Reporting by Juby Babu in Mexico City; Editing by Sahal Muhammed)
