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EBay's earnings, sales grow, led by PayPal gains

SAN FRANCISCO (MarketWatch) — EBay Inc. on Wednesday reported a second-quarter profit of $676 million, or 53 cents a share, on revenue of $4.4 billion. During the year-ago period eBay earned $640 million, or 49 cents a share, on sales of $3.88 billion. Excluding one-time items, eBay would have earned $868 million, or 69 cents a share. Analysts surveyed by FactSet had forecast eBay to earn 68 …

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