(SOHU) Releases Q4 2018 Earnings Guidance

Share on StockTwits (NASDAQ:SOHU) issued an update on its fourth quarter 2018 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $-1.4–1.15 for the period, compared to the Thomson Reuters consensus estimate of $-1.62. The company issued revenue guidance of $465-495 million, compared to the consensus revenue estimate of $543.48 also updated its Q4 guidance to ($1.40-1.15) EPS.

Shares of NASDAQ:SOHU traded down $0.29 during midday trading on Wednesday, hitting $18.58. 2,354 shares of the stock traded hands, compared to its average volume of 721,998. The company has a market cap of $692.33 million, a price-to-earnings ratio of -2.14 and a beta of 1.01. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.07. has a one year low of $15.89 and a one year high of $61.58. (NASDAQ:SOHU) last issued its quarterly earnings data on Monday, November 5th. The information services provider reported ($0.81) EPS for the quarter, beating the consensus estimate of ($1.64) by $0.83. The firm had revenue of $459.82 million during the quarter, compared to the consensus estimate of $461.00 million. had a negative net margin of 27.38% and a negative return on equity of 19.39%. The company’s quarterly revenue was down 10.9% compared to the same quarter last year. During the same period in the prior year, the firm posted ($2.38) earnings per share. As a group, research analysts forecast that will post -6.23 EPS for the current fiscal year.

A number of equities analysts recently issued reports on the stock. BidaskClub downgraded shares of from a hold rating to a sell rating in a research note on Sunday, October 21st. ValuEngine downgraded shares of from a hold rating to a sell rating in a research note on Monday, July 30th.

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