Qunar (QUNR) to Release Earnings on Thursday
Qunar (NASDAQ:QUNR) is scheduled to be releasing its earnings data on Thursday, May 15th. Persons interested in listening to the company’s earnings conference call can do so using this link.
Qunar (NASDAQ:QUNR) last released its earnings data on Thursday, February 27th. The company reported ($0.18) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.07) by $0.11. The company had revenue of $41.50 million for the quarter. On average, analysts expect Qunar to post $-0.40 EPS for the current fiscal year and $-0.05 EPS for the next fiscal year.
Shares of Qunar (NASDAQ:QUNR) opened at 23.71 on Wednesday. Qunar has a 52 week low of $22.32 and a 52 week high of $36.73. The stock’s 50-day moving average is $27.77 and its 200-day moving average is $28.1. The company’s market cap is $2.704 billion.
A number of analysts have recently weighed in on QUNR shares. Analysts at Macquarie initiated coverage on shares of Qunar in a research note on Monday, March 24th. They set a “neutral” rating and a $30.00 price target on the stock. On a related note, analysts at Aegis initiated coverage on shares of Qunar in a research note on Thursday, March 13th. They set a “hold” rating and a $36.00 price target on the stock. Finally, analysts at Pacific Crest raised their price target on shares of Qunar from $34.00 to $40.00 in a research note on Friday, February 28th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $29.68.
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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