-$1.08 EPS Expected for Sohu.com Ltd – (NASDAQ:SOHU) This Quarter

Wall Street analysts expect Sohu.com Ltd – (NASDAQ:SOHU) to report earnings per share (EPS) of ($1.08) for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Sohu.com’s earnings. Sohu.com reported earnings of ($0.89) per share in the same quarter last year, which suggests a negative year-over-year growth rate of 21.3%. The firm is expected to report its next earnings results on Monday, November 4th.

On average, analysts expect that Sohu.com will report full year earnings of ($5.17) per share for the current financial year, with EPS estimates ranging from ($5.51) to ($4.82). For the next fiscal year, analysts forecast that the company will post earnings of ($3.60) per share, with EPS estimates ranging from ($4.98) to ($2.21). Zacks’ earnings per share calculations are an average based on a survey of research firms that cover Sohu.com.

Sohu.com (NASDAQ:SOHU) last announced its quarterly earnings data on Monday, August 5th. The information services provider reported ($1.27) EPS for the quarter, beating analysts’ consensus estimates of ($1.55) by $0.28. Sohu.com had a negative net margin of 6.98% and a negative return on equity of 8.74%. The company had revenue of $474.76 million during the quarter, compared to the consensus estimate of $480.38 million. During the same quarter last year, the firm posted ($1.27) EPS. The company’s quarterly revenue was down 2.3% on a year-over-year basis.

A number of research analysts have recently commented on SOHU shares. Zacks Investment Research raised shares of Sohu.com from a “sell” rating to a “hold” rating and set a $15.00 price objective for the company in a research report on Wednesday, June 12th. ValuEngine raised shares of Sohu.com from a “sell” rating to a “hold” rating in a research report on Thursday, August 1st. Finally, BidaskClub downgraded shares of Sohu.com from a “sell” rating to a “strong sell” rating in a research report on Tuesday, July 9th.

Shares of SOHU traded up $0.47 during midday trading on Friday, reaching $10.96. The stock had a trading volume of 551,500 shares, compared to its average volume of 623,569. The firm has a 50 day simple moving average of $12.48 and a 200-day simple moving average of $16.05. Sohu.com has a one year low of $8.79 and a one year high of $23.60. The firm has a market cap of $400.92 million, a PE ratio of -2.65 and a beta of 1.49. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.02.

Hedge funds have recently made changes to their positions in the stock. Aperio Group LLC bought a new stake in shares of Sohu.com during the 2nd quarter worth about $33,000. BNP Paribas Arbitrage SA boosted its holdings in shares of Sohu.com by 21,794.4% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 3,941 shares of the information services provider’s stock worth $55,000 after buying an additional 3,923 shares during the period. Segantii Capital Management Ltd boosted its holdings in shares of Sohu.com by 16.7% during the 2nd quarter. Segantii Capital Management Ltd now owns 6,230 shares of the information services provider’s stock worth $87,000 after buying an additional 890 shares during the period. NumerixS Investment Technologies Inc boosted its holdings in shares of Sohu.com by 53.8% during the 1st quarter. NumerixS Investment Technologies Inc now owns 6,000 shares of the information services provider’s stock worth $96,000 after buying an additional 2,100 shares during the period. Finally, Quantamental Technologies LLC bought a new stake in shares of Sohu.com during the 1st quarter worth about $97,000. 54.67% of the stock is owned by institutional investors and hedge funds.

Sohu.com Company Profile

Sohu.com Limited provides online media, search, and game services on personal computers (PCs) and mobile devices in the People's Republic of China. The company provides online news and information through a mobile phone application, Sohu News APP; sohu.com for PCs; and m.sohu.com mobile portal, as well as online video content and service through tv.sohu.com for PCs, as well as Sohu Video APP mobile phone application.

Featured Article: What is the Difference Between Common Shares and Convertible Shares?

Get a free copy of the Zacks research report on Sohu.com (SOHU)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Sohu.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sohu.com and related companies with MarketBeat.com's FREE daily email newsletter.