eBay Jumps on Earnings Report

Shares of eBay (EBAY) are doing well this morning thanks to a good Q2 earnings report. EBay earned 76 cents per share which was three cents more than estimates.

“We are very pleased with our overall Q2 performance. PayPal and eBay both delivered strong Q2 results and have strong momentum. Dan, Devin and their respective teams are executing well and are prepared to create the next great chapter for PayPal and eBay,” said eBay Inc. President and CEO John Donahoe.

eBay also said it’s selling its enterprise business unit for $925 million. Shares of EBAY have been up as much as 5% today.

Here’s how the two “when issued” stocks have traded:

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Posted by on July 16th, 2015 at 10:42 am


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