4-19-12-eBay (NASDAQ:EBAY) is making fresh 52-week highs after the company reported Q1 EPS of $0.55, vs. estimates of $0.52.Revenues in the quarter rose 28% YoY to $3.3 billion, beating estimates by $150 million.The company said it now sees annual EPS of $2.30 – $2.35, after having seen EPS of $2.25 – $2.30 and compared to estimates of $2.30.The company sees annual revenues of $13.8 billion – $14.1 billion, vs. estimates of $13.9 billion.The company sees 2Q EPS 53c-55c, est. 54c. eBay sees Q2 revenues of $3.25 billion -3.35 billion, vs. estimates of $3.36 billion.While the company doesn’t forecast much earnings upside over the next 2 years, it sees strong benefits from PayPal’s mobile payments position which will drive shares of the company higher.PayPal expects to handle $7 billion worth of mobile payments in 2012, up from 2011’s $4 billion.
