Results beyond expectations for eBay. The most popular trading website closed the second quarter with earnings of $692 million (or 53 cents per share), up sharply from the 283 million (22 cents per share) recorded in the same period of the previous year. The strengthening of PayPal, the site for online payments, has contributed significantly.
Il turnover eBay sales increased 23% to $3,4 billion. The results went far beyond analysts' estimates. For the third quarter, the company expects earnings of between 53 and 55 cents a share on revenues of between $3,3 and $3,4 billion. Analysts expect earnings of 55 cents a share, on a turnover of 3,42 billion dollars.
