Market Overview

Earnings Preview for Bitauto Holdings

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On Monday, August 24, Bitauto Holdings (NYSE: BITA) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

Earnings and Revenue

Analysts are predicting Bitauto Holdings will report a loss of $0.97 per share on revenue of $305.82 million. In the same quarter last year, Bitauto Holdings reported earnings per share of $0.31 on sales of $406.60 million. If the company were to match the consensus estimate, earnings per share would be down 412.9%. Sales would be down 24.34% from the year-ago period. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate -0.81 -0.11 0.39 0.33
EPS Actual -1.27 -1.16 0.32 0.31
Revenue Estimate 245.96 M 2.50 B 378.08 M 387.21 M
Revenue Actual 245.50 M 385.80 M 355.50 M 406.60 M

Stock Performance

Over the last 52-week period, shares are up 41.67%. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Bitauto Holdings is scheduled to hold the call at 08:15:00 ET and can be accessed here: https://apac.directeventreg.com/der/toRegistration.action

 

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Posted-In: Earnings