Phoenix New Media (FENG) Set to Announce Earnings on Tuesday

Phoenix New Media (NYSE:FENG) is scheduled to release its earnings data after the market closes on Tuesday, August 14th.

Phoenix New Media (NYSE:FENG) last released its quarterly earnings results on Monday, May 14th. The information services provider reported ($0.13) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.12) by ($0.01). The business had revenue of $45.30 million for the quarter, compared to analyst estimates of $45.57 million. Phoenix New Media had a return on equity of 0.34% and a net margin of 0.53%. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.05) EPS.

Phoenix New Media opened at $4.43 on Friday, according to Marketbeat. Phoenix New Media has a one year low of $2.73 and a one year high of $8.14. The stock has a market cap of $302.39 million, a PE ratio of 418.00 and a beta of 1.67. The company has a current ratio of 2.19, a quick ratio of 2.19 and a debt-to-equity ratio of 0.01.

Separately, ValuEngine lowered Phoenix New Media from a “hold” rating to a “sell” rating in a research report on Tuesday, July 24th.

Phoenix New Media Company Profile

Phoenix New Media Limited provides content on an integrated Internet platform in the People's Republic of China. The company operates in two segments, Net Advertising Services and Paid Services. It offers content and services through three channels, including PC channel, mobile channel, and telecom operators, as well as transmits content to TV viewers, primarily through Phoenix TV.

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Earnings History for Phoenix New Media (NYSE:FENG)

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