On Tuesday, SouFun Holdings SFUN will release its latest earnings report. Here is Benzinga's outlook for the company.
Earnings and Revenue
Wall Street analysts see SouFun Holdings reporting earnings of 3 cents per share on revenue of $96.5 million.
In the same quarter last year, SouFun Holdings reported a loss per share of 1 cent on sales of $110 million. Revenue would be down 12.32 percent from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
EPS Estimate | 0.04 | 0.05 | 0.02 | 0.02 |
EPS Actual | 0 | 0.03 | 0.03 | -0.01 |
Stock Performance
Over the last 52-week period, shares are down 15.88 percent. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The average rating by analysts on SouFun Holdings stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
SouFun Holdings's Q2 conference call is scheduled to begin at 8:00 a.m. ET and can be accessed here: https://edge.media-server.com/m6/p/4bzk89qk
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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