SINA Corp (SINA) Scheduled to Post Quarterly Earnings on Wednesday
SINA Corp (NASDAQ:SINA) is scheduled to issue its Q114 quarterly earnings data on Wednesday, May 21st. Analysts expect the company to announce earnings of $0.15 per share and revenue of $165.03 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.
SINA Corp (NASDAQ:SINA) last announced its earnings results on Monday, February 24th. The company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.01. The company had revenue of $197.00 million for the quarter, compared to the consensus estimate of $191.84 million. On average, analysts expect SINA Corp to post $1.53 EPS for the current fiscal year and $2.58 EPS for the next fiscal year.
Shares of SINA Corp (NASDAQ:SINA) opened at 47.89 on Tuesday. SINA Corp has a 52 week low of $45.69 and a 52 week high of $92.83. The stock has a 50-day moving average of $51.93 and a 200-day moving average of $68.84. The company has a market cap of $3.165 billion and a price-to-earnings ratio of 72.46.
A number of analysts have recently weighed in on SINA shares. Analysts at Goldman Sachs initiated coverage on shares of SINA Corp in a research note on Tuesday, May 13th. They set a “buy” rating on the stock. On a related note, analysts at TheStreet downgraded shares of SINA Corp from a “hold” rating to a “sell” rating in a research note on Monday, May 12th. Finally, analysts at Zacks reiterated a “neutral” rating on shares of SINA Corp in a research note on Friday, May 9th. They now have a $50.00 price target on the stock. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $84.83.
SINA Corporation (NASDAQ:SINA), incorporated on July 9, 1997, is an online media company serving China and the global Chinese communities.
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