Bitauto (NYSE:BITA) is scheduled to announce its earnings results before the market opens on Wednesday, November 28th. Analysts expect the company to announce earnings of $0.44 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Bitauto (NYSE:BITA) last announced its earnings results on Wednesday, August 22nd. The information services provider reported $0.01 earnings per share for the quarter. The business had revenue of $402.35 million for the quarter, compared to the consensus estimate of $398.80 million. Bitauto had a negative net margin of 15.08% and a negative return on equity of 8.60%. On average, analysts expect Bitauto to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of BITA opened at $17.44 on Wednesday. The company has a market capitalization of $1.29 billion, a P/E ratio of -5.10 and a beta of 2.85. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.48. Bitauto has a 1-year low of $15.61 and a 1-year high of $39.54.

A number of equities research analysts recently weighed in on BITA shares. Zacks Investment Research raised shares of Bitauto from a “sell” rating to a “hold” rating in a research note on Thursday, August 30th. Macquarie lowered their target price on shares of Bitauto from $29.00 to $23.00 and set a “hold” rating on the stock in a research note on Thursday, August 23rd. MED started coverage on shares of Bitauto in a research note on Monday, October 1st. They issued a “hold” rating on the stock. JPMorgan Chase & Co. started coverage on shares of Bitauto in a research note on Wednesday, August 29th. They issued an “overweight” rating and a $38.00 target price on the stock. Finally, ValuEngine raised shares of Bitauto from a “strong sell” rating to a “sell” rating in a research note on Monday, October 22nd. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $27.00.

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About Bitauto

Bitauto Holdings Limited, through its subsidiaries, provides Internet content and marketing services, and transaction services for the automobile industry in the People's Republic of China. It operates in three segments: Advertising and Subscription Business, Transaction Services Business, and Digital Marketing Solutions Business.

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Earnings History for Bitauto (NYSE:BITA)

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