EBay’s Shares Tumble On Weak Holiday Season by @FortuneMagazine January 27, 2016, 4:14 PM EST E-mail Tweet Facebook Linkedin Share icons (Reuters) – EBay forecast lower-than-expected revenue and profit for the current quarter and the full year, sending the company’s shares ebay down nearly 10% in extended trading. The company forecast first-quarter adjusted profit of 43-45 cents per share and revenue of $2.05 billion-$2.10 billion. Analysts on average were expecting a profit of 48 cents per share and revenue of $2.16 billion, according to Thomson Reuters I/B/E/S. The company’s full-year adjusted profit forecast of $1.82-$1.87 per share and revenue forecast of $8.5 billion-$8.8 billion also missed analysts average estimates. EBay, which is facing stiff competition from e-commerce rival Amazon.com Inc as well as traditional retailers, also reported that revenue did not grow in the holiday quarter. For more about eBay, watch: The company, which derives nearly 60% of its revenue from overseas, also faces headwinds from a strong dollar. EBay’s revenue was $2.32 billion in the fourth quarter ended Dec. 31, flat with a year earlier and in line with analysts expectations. Net income fell to $477 million, or 39 cents per share, from $1.02 billion, or 82 cents per share.