An employee walks past eBay signage at the company’s headquarters in San Jose, California.
David Paul Morris | Bloomberg | Getty Images
EBay said Wednesday afternoon that it expects 91 cents to 96 cents in adjusted earnings per share and revenue of $2.98 billion to $3.03 billion in the second quarter. Analysts polled by Refinitiv had expected 98 cents per share and $2.98 billion in revenue.
Several investors were spooked by the lighter-than-expected outlook and either downgraded the stock or lowered their price targets….