Sohu.com Inc. (NASDAQ:SOHU) Announces Earnings Results

Sohu.com Inc. (NASDAQ:SOHU) released its quarterly earnings results on Friday, October 27th. The information services provider reported ($2.38) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($1.24) by ($1.14), MarketWatch Earnings reports. The business had revenue of $516.10 million for the quarter, compared to analysts’ expectations of $493.47 million. Sohu.com had a negative net margin of 18.51% and a negative return on equity of 21.72%. Sohu.com’s revenue for the quarter was up 25.7% compared to the same quarter last year. During the same period in the previous year, the company earned ($1.68) EPS.

Sohu.com (NASDAQ:SOHU) opened at $54.40 on Friday. Sohu.com has a 52-week low of $32.60 and a 52-week high of $70.86.

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A number of research analysts recently issued reports on the company. BidaskClub upgraded Sohu.com from a “hold” rating to a “buy” rating in a research note on Friday, August 4th. Morgan Stanley upgraded Sohu.com from an “underweight” rating to an “equal weight” rating and upped their price target for the stock from $36.00 to $60.00 in a research note on Tuesday, August 1st. ValuEngine upgraded Sohu.com from a “sell” rating to a “hold” rating in a research note on Friday, September 1st. TheStreet upgraded Sohu.com from a “d+” rating to a “c-” rating in a research note on Friday, August 18th. Finally, Deutsche Bank AG downgraded Sohu.com from a “buy” rating to a “hold” rating and set a $57.00 price target for the company. in a research note on Monday, October 30th. One research analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company. Sohu.com currently has an average rating of “Hold” and a consensus target price of $58.00.

Sohu.com Company Profile

Sohu.com Inc (Sohu) is an online media, search and game service company, which is engaged in providing online products and services on personal computers (PCs) and mobile devices in the People’s Republic of China (the PRC). The Company operates through three segments: the Sohu segment; the Sogou segment, and the Changyou segment.

Earnings History for Sohu.com (NASDAQ:SOHU)

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