Sohu.com Q2 Adj EPS $(0.52) Misses $(0.44) Estimate, Sales $152.09M Beat $153.69 Estimate
Portfolio Pulse from saritha@benzinga.com
Sohu.com reported Q2 losses of $0.52 per share, missing the analyst consensus estimate of $0.44 by 18.18%. This is a 244.44% decrease over earnings of $0.36 per share from the same period last year. The company reported quarterly sales of $152.09 million, beating the analyst consensus estimate of $153.69 by 98.96M percent. This is a 21.92% decrease over sales of $194.78 million the same period last year.
August 07, 2023 | 5:17 am
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Sohu.com's Q2 earnings per share missed estimates by 18.18%, and sales beat estimates by 98.96M%. However, both earnings and sales decreased compared to the same period last year.
Sohu.com's Q2 earnings per share missed the analyst consensus estimate by 18.18%, indicating a weaker than expected profitability. This could negatively impact the stock price. However, the company's sales beat the analyst consensus estimate, which could have a positive impact. The overall impact is likely to be negative due to the decrease in both earnings and sales compared to the same period last year.
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