Sohu.com Limited (NASDAQ:SOHU) Expected to Post Earnings of $0.19 Per Share


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Brokerages predict that Sohu.com Limited (NASDAQ:SOHU) will announce earnings of $0.19 per share for the current quarter, Zacks Investment Research reports. Zero analysts have made estimates for Sohu.com’s earnings. Sohu.com posted earnings per share of ($0.52) in the same quarter last year, which would indicate a positive year-over-year growth rate of 136.5%. The company is expected to issue its next earnings results on Monday, May 17th.

According to Zacks, analysts expect that Sohu.com will report full year earnings of $0.62 per share for the current financial year. For the next financial year, analysts anticipate that the company will report earnings of $0.66 per share. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that cover Sohu.com.

Sohu.com (NASDAQ:SOHU) last released its earnings results on Thursday, February 4th. The information services provider reported $1.27 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.35 by $0.92. Sohu.com had a negative net margin of 9.75% and a negative return on equity of 3.93%.

A number of analysts have recently issued reports on SOHU shares. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell dropped their price objective on shares of Sohu.com from $32.00 to $24.00 in a research note on Friday, December 18th. Smith Barney Citigroup dropped their price objective on shares of Sohu.com from $32.00 to $24.00 in a research note on Friday, December 18th.

NASDAQ SOHU traded down $1.10 during mid-day trading on Tuesday, hitting $18.75. The company’s stock had a trading volume of 12,133 shares, compared to its average volume of 496,229. Sohu.com has a 52-week low of $5.41 and a 52-week high of $25.71. The stock’s fifty day simple moving average is $18.36 and its two-hundred day simple moving average is $18.65. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.83 and a quick ratio of 1.83. The firm has a market capitalization of $735.54 million, a P/E ratio of -5.28 and a beta of 2.13.

Large investors have recently modified their holdings of the stock. Banque Cantonale Vaudoise bought a new stake in shares of Sohu.com in the third quarter worth $30,000. Altshuler Shaham Ltd acquired a new position in Sohu.com in the third quarter worth $33,000. Aperio Group LLC acquired a new position in Sohu.com in the third quarter worth $247,000. Pillar Pacific Capital Management LLC acquired a new position in Sohu.com in the third quarter worth $253,000. Finally, Campbell & CO Investment Adviser LLC acquired a new position in Sohu.com in the fourth quarter worth $279,000. Institutional investors and hedge funds own 39.41% of the company’s stock.

About Sohu.com

Sohu.com Limited provides online media, search, and game services on personal computers (PCs) and mobile devices in the People's Republic of China. The company provides online news and information through a mobile phone application, Sohu News APP; sohu.com for PCs; and m.sohu.com mobile portal, as well as online video content and service through tv.sohu.com for PCs, as well as Sohu Video APP mobile phone application.

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