Sohu.com Limited (NASDAQ:SOHU) is reporting third quarter earnings results on Monday 16th November 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 0.41 per share.
For the full year, analysts predict revenues of $ 1742.44 million, while looking forward to loss of $ 3.03 per share.
Previous Quarter Performance
Sohu.com Limited unveiled income for the second quarter of $ 0.27 per share, from the revenue of $ 421.06 million. The quarterly revenues reduced 11.31 percent compared with the same quarter last year. According to street consensus, SOHU was expected to report 2Q20 loss of $ 0.04 per share from revenue of $ 433.41 million. The top line results fell short of analysts by $ 12.35 million or 2.85 percent.
Stock Performance
On Friday, shares of Sohu.com Limited has traded high as $ 19.67 and has cracked $ 18.70 on the downward trend, reaching $ 19.41 with volume of 328.80 thousand shares.
According to the previous trading day, closing price of $ 19.41, representing a 245.29 % increase from the 52 week low of $ 5.41 and a 27.34 % decrease over the 52 week high of $ 25.71.
The company has a market capital of $ 762.21 million and is part of the Technology sector and Internet Content & Information industry.
Conference Call
Sohu.com Limited will be hosting a conference call at 7:30 AM eastern time on 16th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.sohu.com
Sohu.com Limited provides online media, search, and game services on personal computers (PCs) and mobile devices in the Peoples 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. It also operates focus.cn, which provides online real estate information and services; and offers paid subscription services, interactive broadcasting services, and content through various platforms.
