Autohome Q2 Adj EPS $0.64 Beats $0.57 Estimate, Sales $252.80M Beat $249.51M Estimate
Portfolio Pulse from Benzinga Newsdesk
Autohome reported Q2 adjusted earnings of $0.64 per share, beating the analyst consensus estimate of $0.57 by 12.28%. This is a 14.29% increase from the same period last year. The company also reported quarterly sales of $252.80 million, beating the analyst consensus estimate of $249.51 million by 1.32%, but a 2.29% decrease from the same period last year.
July 27, 2023 | 9:32 am
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POSITIVE IMPACT
Autohome's Q2 earnings and sales beat estimates, but sales are down from the same period last year.
Autohome's earnings beat estimates, which is generally positive for the stock. However, the decrease in sales compared to the same period last year might temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100