SouFun Holdings Limited (SFUN) Set to Announce Earnings on Friday
SouFun Holdings Limited (NYSE:SFUN) will be releasing its earnings data before the market opens on Friday, November 17th. Analysts expect SouFun Holdings Limited to post earnings of $0.04 per share for the quarter.
SouFun Holdings Limited (NYSE:SFUN) last announced its quarterly earnings data on Tuesday, August 29th. The information services provider reported ($0.01) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.02 by ($0.03). SouFun Holdings Limited had a negative net margin of 4.57% and a negative return on equity of 8.80%. The firm had revenue of $110.09 million during the quarter, compared to analysts’ expectations of $131.83 million. During the same period in the prior year, the company posted ($0.08) EPS. The company’s revenue for the quarter was down 61.6% compared to the same quarter last year. On average, analysts expect SouFun Holdings Limited to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of SouFun Holdings Limited (NYSE:SFUN) opened at $4.62 on Wednesday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.01 and a current ratio of 1.01. SouFun Holdings Limited has a 1-year low of $2.46 and a 1-year high of $5.03.
A number of brokerages recently issued reports on SFUN. BidaskClub raised shares of SouFun Holdings Limited from a “buy” rating to a “strong-buy” rating in a report on Tuesday, November 7th. Zacks Investment Research lowered shares of SouFun Holdings Limited from a “buy” rating to a “hold” rating in a research note on Friday, July 21st. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. SouFun Holdings Limited currently has a consensus rating of “Hold” and an average target price of $3.73.
SouFun Holdings Limited Company Profile
Fang Holdings Limited, formerly SouFun Holdings Limited, operates as a real estate Internet portal in China. The Company’s Websites and mobile applications support active online communities and networks of users seeking information on, and services for, the real estate and home-related sectors in China.
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