Autohome Inc. (NYSE:ATHM) is expected to report third quarter earnings results, before market open, on Monday 30th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 1.01 per share.
Looking ahead, the full year income are expected at $ 4.43 per share on the revenues of $ 1310.75 million.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 317.10 million ~ $ 322.70 million
Previous Quarter Performance
Autohome Inc. outlined income for the second quarter of $ 1.04 per share, from the revenue of $ 327.42 million. The quarterly earnings expanded 2.97 percent while revenues fell 0.76 percent compared with the same quarter last year.
Street analysts expected Autohome Inc. to report income of $ 1.03 per share on revenue of $ 329.32 million for the second quarter. The bottom line results beat street analysts by $ 0.01 or 0.97 percent, at the same time, top line results fell short of analysts by $ 1.9 million or 0.58 percent.
Shares of Autohome Inc. traded up $ 4.05 or 3.98 percent on Friday, reaching $ 105.89 with volume of 555.20 thousand shares. Autohome Inc. has traded high as $ 106.43 and has cracked $ 102.09 on the downward trend
According to the previous trading day, closing price of $ 105.89, representing a 71.04 % increase from the 52 week low of $ 59.54 and a 5.63 % decrease over the 52 week high of $ 107.92.
The company has a market capital of $ 12.61 billion and is part of the Technology sector and Internet Content & Information industry.
Autohome Inc. will be hosting a conference call at 7:00 AM eastern time on 30th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.autohome.com.cn
Autohome Inc. operates as an online destination for automobile consumers in the Peoples Republic of China. The company, through its Websites, autohome.com.cn and che168.com, delivers comprehensive, independent, and interactive content to automobile buyers and owners, including company generated content, such as automobile-related articles and reviews, pricing trends in various local markets, photographs, video clips, and live streaming; automobile library, which comprises a range of specifications covering performance levels, dimensions, powertrains, vehicle bodies, interiors, safety, entertainment systems, and other features, as well as manufacturers suggested retail prices; new and used automobile listings, and promotional information; and user generated content and forums.