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Soft Guidance at eBay
Updated from Oct. 18
eBay (EBAY Quote) posted a 10% earnings gain for its third quarter but the online auction's guidance kept alive concerns about the company's core domestic business.
The San Jose, Calif., Internet auction giant made $281 million, or 20 cents a share, for the quarter ended Sept. 30. That's up from the year-ago $255 million, or 18 cents a share. Sales rose to $1.45 billion from $1.11 billion a year earlier.
Excluding certain costs, latest-quarter earnings were 26 cents a share. ...
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