EBay forecasts holiday-quarter revenue below estimates

(Reuters) - Ecommerce company eBay Inc on Wednesday forecast holiday-quarter revenue below Wall Street estimates as consumers stressed by inflation cut back on their gifting budgets.

The company forecast fourth-quarter revenue between $2.42 billion and $2.50 billion. Analysts are expecting $2.49 billion, according to Refinitiv data.

(Reporting by Nivedita Balu in Bengaluru; Editing by Devika Syamnath)