Sohu.com Fourth Quarter Earnings Sneak Peek
Sohu.com Inc. (NASDAQ:SOHU) will unveil its latest earnings tomorrow, Monday, February 4, 2013. Sohu.com is an Internet company that, through its subsidiaries, provides online products and services with news, information, entertainment and communication in China.
Sohu.com Inc. Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average estimate of analysts is for net income of 54 cents per share, a decline of 57.8% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 50 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 54 cents during the last month. For the year, analysts are projecting profit of $2.02 per share, a decline of 56.3% from last year.
Last quarter, the company came in at net income of 67 cents per share against a mean estimate of profit of 42 cents per share, beating estimates after missing them in the previous quarter. In the second quarter, it missed forecasts by 8 cents.
Start 2013 better than ever by saving time and making money with your Limited Time Offer for our highly-acclaimed Stock Picker Newsletter. Click here for our fresh Feature Stock Pick now!
A Look Back: In the third quarter, profit fell 44.7% to $25.9 million (63 cents a share) from $46.8 million ($1.17 a share) the year earlier, but exceeded analyst expectations. Revenue rose 22.6% to $285.4 million from $232.9 million.
Here’s how Sohu.com traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week: