Qunar (QUNR) Announces Quarterly Earnings, Misses Expectations By $0.11 EPS
Qunar (NASDAQ:QUNR) issued its quarterly earnings data on Thursday. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by $0.11, AmericanBankingNews.com reports. The company had revenue of $41.50 million for the quarter, compared to the consensus estimate of $38.75 million.
Qunar (NASDAQ:QUNR) traded up 2.85% during mid-day trading on Thursday, hitting $32.09. 1,421,260 shares of the company’s stock traded hands. Qunar has a one year low of $22.32 and a one year high of $34.99. The stock’s 50-day moving average is $27.80 and its 200-day moving average is $27.52. The company’s market cap is $3.660 billion.
Qunar Cayman Islands Limited is a search-based commerce platform for the travel industry in China. The Company’s customers include travel service providers (NASDAQ:QUNR) and display advertisers.
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