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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NEGATIVE IMPACT
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.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100