Autohome Q3 Adj EPS $0.67 Beats $0.60 Estimate, Sales $261.20M Miss $261.70M Estimate
Portfolio Pulse from Benzinga Newsdesk
Autohome reported Q3 adjusted earnings of $0.67 per share, beating the analyst consensus estimate of $0.60 by 11.67%. However, the company's quarterly sales of $261.20 million missed the analyst consensus estimate of $261.70 million by 0.19%. This represents a 1.52% increase in earnings and a 0.80% increase in sales compared to the same period last year.
November 02, 2023 | 9:41 am
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NEUTRAL IMPACT
Autohome's Q3 earnings beat estimates but sales missed, which could lead to mixed market reactions.
Autohome's earnings beat could boost investor confidence, but the sales miss might temper this optimism. The net effect on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100