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

Phoenix New Media (NYSE:FENG) is scheduled to be announcing its earnings results after the market closes on Monday, August 12th.

Phoenix New Media (NYSE:FENG) last announced its earnings results on Monday, May 13th. The information services provider reported ($0.25) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.24). Phoenix New Media had a negative net margin of 9.15% and a negative return on equity of 4.04%. The firm had revenue of $42.45 million for the quarter. On average, analysts expect Phoenix New Media to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of NYSE:FENG opened at $2.63 on Wednesday. The firm’s fifty day moving average price is $3.08. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.41 and a current ratio of 1.41. Phoenix New Media has a 12-month low of $2.56 and a 12-month high of $5.30. The firm has a market cap of $195.32 million, a P/E ratio of -20.23 and a beta of 2.13.

Several analysts have issued reports on FENG shares. ValuEngine raised shares of Phoenix New Media from a “sell” rating to a “hold” rating in a research note on Thursday, August 1st. TheStreet downgraded shares of Phoenix New Media from a “c-” rating to a “d” rating in a research note on Thursday, June 13th. Finally, Zacks Investment Research raised shares of Phoenix New Media from a “sell” rating to a “hold” rating in a research note on Wednesday, July 31st. Two analysts have rated the stock with a hold rating and two have given a buy rating to the company. Phoenix New Media presently has an average rating of “Buy” and a consensus target price of $9.05.

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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